I'm curious do CCCs view AU accounts being new accounts the same as they would new accounts opened in their name? I ask because I added my brother as an AU to a few of my cards to help boost his credit about 8 months ago. After a few months, he applied for a Disco It and was approved for a $8500 SL.
Like me, bills and utilities are one of his highest spend categories.
He'd like to apply for the Cash + (or Max Cash Preferred) card, but I'm not sure they would view him as 0/6 and 1/12 or 3/12? His local bank does not offer the MCP, so he'd likely just go for the Cash + if it's attainable right now.
This got me thinking - do some banks view these differently than others, or does everybody just put them all in one bucket?
@GatorGuy wrote:I know Chase will typically remove them for 5/24 calculations.
However he could remove himself as an AU and it would remove the account from his report.
He can also get a MCP at a bank which isn't local to him. There are many banks liberal with the application location.
The double edged sword is that I think his credit score will slip back down if he comes off my two cards. That will leave him with one card, and a loss of $50K that is now counting as part of his TCL - at least as raw scores. IDK how each bank actually views that.
Do we know if all the Elan cards are available to anybody, or do the banks/CUs have control over that?
I ask because I've gone through the approval process (without finishing it) a couple of times on CUs, and nothing I've seen indicates where you have to prove you are a member of the CU.