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I opened a Loft store card in August of this year. A couple of weeks ago, I was offered an upgrade to their Loft MasterCard and accepted the offer. Although it doesn't much matter in the grand scheme of things, I was wondering if this will report as a new TL or if the upgrade will simply update my existing TL. I sill haven't seen it update on my report yet.
Congrats on the upgrade! My Ann Taylor card, when upgraded to the MC, reported as a new tradeline.
Congrats ! I did a search on here if it's still a Comenity Card the only thing I found was they don't upgrade. Very interested to see if anyone else has received one and their answer.
Thanks Kay_Cee
So did they mail the offer to upgrade or was it in the store?
Congrats on the upgrade!
Didn't know The Loft offered a MC.
Thanks to all for the congrats!
I got the offer while shopping in a Loft store. At checkout, I started to pay with my Loft store card and the saleslady asked me if I would like to upgrade to their MasterCard for better rewards. I agreed; she asked my about income and asked for my license. She had to call it in. They gave her my new account number and my new credit limit. I went from $750 with the store card to $3500 with the new MC.
I was really surprised to get an offer so soon. I just opened this account in August. Also, most of my accounts have been opened this year. I’ve had my Cap1 & BOA for 10 years. USAA since Nov 2012. Discover in Feb 2013. NFCU in March. Victoria’s Secret was a little before USAA in fall 2012. Everything else was opened between Aug and Sep of this year.
edit: My SECU Visa was opened in May. (Not in my Aug-Sep mini-spree).
With a new account number sounds like a new TL. Please keep us updated if it is or not helps everyone. Once again Congrats !
I took the upgrade on 20 Oct, so I've already received my card in the mail. I was issued a new account number. Also on their website there are different logons for the store card versus their MC. So it does look like a new TL. Kinda hoping it wasn't, since I have so many new accounts already this year. As soon as it reports, I'll update.
@sunkissed wrote:Thanks to all for the congrats!
I got the offer while shopping in a Loft store. At checkout, I started to pay with my Loft store card and the saleslady asked me if I would like to upgrade to their MasterCard for better rewards. I agreed; she asked my about income and asked for my license. She had to call it in. They gave her my new account number and my new credit limit. I went from $750 with the store card to $3500 with the new MC.
I was really surprised to get an offer so soon. I just opened this account in August. Also, most of my accounts have been opened this year. I’ve had my Cap1 & BOA for 10 years. USAA since Nov 2012. Discover in Feb 2013. NFCU in March. Victoria’s Secret was a little before USAA in fall 2012. Everything else was opened between Aug and Sep of this year.
Looks like you answered your earlier question - new account number = new TL. But if you shop there a lot and the rewards are better, it was probably worth it. Enjoy!