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How Does Upgrade Card Affect Credit Score

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BDEF-3
New Visitor

How Does Upgrade Card Affect Credit Score

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?

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Drifter73
Established Contributor

Re: How Does Upgrade Card Affect Credit Score

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











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