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I'm interested in applying for the upgrade card (w/ preapproval) but I'm wondering how does it affect my credit score? I know its not a traditional card but a line of credit. Does that line of credit affect utilization? Does it have a positive impact on credit mix, if I only have credit cards?
The following MyFICO thread may have some helpful information. Though, it does not provide data on the credit mix question, it does acknowledge its treated as a LOC and not a CC. https://ficoforums.myfico.com/t5/Credit-Cards/Upgrade-Credit-Card-feedback/td-p/6640902