@Anonymous wrote:
@Anonymous wrote:I have read multiple sources that say the DC does not report to the CRA's....
I don't see what the point in getting the card is if they don't.
I think there isn't agreement on this (some of the business ones didn't, but consumer ones will).
But whether it is good or not depends on where you are in credit history. For those with well established history, hidden trade lines are considered very valuable, you can put large charges on without impacting util at all. It's only at the beginning or while rebuilding you want everything to report.
+1 . It really helps with managing util if you don't want to have to keep worrying about paying right before statement cuts etc. Whether it will report or not only time will tell and nobody knows the answer for sure, because these are newly issued products. .
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