@AlexisMachine wrote:
It's my understanding that this will not report as a new card so you won't get dinged. I chatted with a rep and that's what I was told. I'm hoping that is truth.
It WILL report as a new account! I have checked on this 3 times since I declined the invitaiton and they ignored that. I was told a few things, no need to worry the account history will stay the same; your history with us will stay the same, but the credit bureau will report a new account opening date.
You can write a letter to the credit bureau to have the old account removed. How can I do such a thing since I am not the bank?
No you will keep the original opening date. Are you sure since I was told otherwise by the last agent? Ooops, sorry you were given the wrong information. By you or by the other representative? It is unfortunate that you got wrong information. By you or the last representative? It is not our intention to give out wrong information, sorry that it happened. Did you give me the wrong information or the other representative? The other representative did not know all the facts, you will retain the account history with us. With you and the credit bureau? With us and we report the correct information to them. Is the correct information that this is a new account or an upgrade? This upgrade is a great way to use your card at other locations than just Walmart. That is nice, but could you please answer my question? Yes I have answered your question, you account will report when you activate the card. With the original opening date of the original Walmart card be the date used? Yes, the date you activate your card it will reflect the date of the account opening. The original opening date or the date the card is activated? The original activation date of the card when you opened the account on that date it is activated. So I activate it today and it will report a new account today? The account date it the original activation date of the account. Of the original account or the Mastercard account? Yes, of the original card we sent you. The MasterCard account, not the Walmart store card right? Every card we send out is activated on the date you activate it and it always reports that day. It reports that date as the beginning of the card history with the credit bureau, so it reports a new account, the MasterCard account as that date and the Walmart card as closed as of that date? Correct the Walmart account is closed. And the new account is considered a new account to the credit bureau? New cards are always reported to the credit bureau. Can you answer my question using just the choice of yes or no? Yes we can answer your question with yes or no and always will assist you with the best information and a clear answer if we can do so without the need to use too many words that could be misleading whenever we possibly can. Yes and only yes, or no and only no, it is a new account which reports being new the day the account is activated and the old account is closed and reported as closed as of that day? Your account will be opened and report when you activate it and the old account will no longer be able to be used. Have I answered all of your questions? You have answered none of my questions and it seems like you are trying to actually avoid answering my actual question. What is your actual question?
It is by will alone I set my mind in motion.....
Always follow these rules: Only take a HP for a new account. Always use the best rewards card for that reward category. Don't close a card unless you know you really should. Never use more than 35% of a credit limit. Recon as much and as best you can. Use the introductory period to the best advantage. Get the signup bonus. Whenever possible PIF or balance transfer so you pay less in interest. Never give an excellent rating when it is actually the norm. Always look for a discount as more is always better.
Always accept candy from strangers because they have the best candy or from people you know have good candy.
