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Charge cards and credit mix

New Visitor

Charge cards and credit mix

Hello all,
Does having a charge card improve the “credit mix”’ portion of a score? Basically I am wondering if these appear the same as credit cards (aside from utilization %) or appear as a different type. Example: If you had 3 credit cards would that be the same credit mix as having 2 credit cards and a charge card? Thank you.
Valued Contributor

Re: Charge cards and credit mix

I have “exceptional” mix without a charge card.


I have:


credit cards

student loans

car loan


no personal loans

no mortgage

no charge cards

Rebuild started in 2014  -  $100k unsecured credit in 2017  -  $400k unsecured credit in 2020.


5% Rotating - Discover                         5%-20% - Amazon & Lowes                   3-6% Groceries - NFCU & Amex Preferred
3-5% Gas - NFCU & Ducks Unl            4% Dining & Entertain - Savor               3% Travel & Hotels - Flagship, Propel, & Uber
2% Everything - Flagship & Syncrony

Message 2 of 5
Super Contributor

Re: Charge cards and credit mix

From my reading threads, no, it doesn't help mix at all, unless you lack credit cards. My understanding is they count just like a card as far as mix is concerned.
-Our Community’s updated scoring wisdom: Link to Scoring Primer.
-For Negative Reason Codes see: CassieCard’s Score Factors thread.
-ccquest’s workbook to calculate metrics for you: Link to Workbook.

Nov 2020, Clean/Thick/Mature/No New Account Scorecard (EX9 not updated yet. Oldest/avg varies. Estimates above.)
Real world mortgage maxes are: EQ5-818, TU4-839, EX2-844.

(Everything said is JMHO and is not endorsed by FICO or MF. I have no affiliation with either, just a grateful member.)
Message 3 of 5
Community Leader
Senior Contributor

Re: Charge cards and credit mix

Agreed with @Birdman7  - a charge card isn't an installment account. The mix bonus comes from revolving and installment accounts, so I would think that the charge card will not give you the extra points.

Platinum NPSL | Rose Gold NPSL | BCP | Delta Gold | Hilton Surpass | Hilton Honors | PenFed PCR | IT Cash | IT Chrome | GHSFCU Visa Plat | Quicksilver | Target | VS | Home Depot | Lowes | Sams MC | Firestone | Overstock | Kohl’s | Key Bank auto loan (2017 Audi A6 Premium Plus S-Line)

TCL $95,400 | Agg. Util under 5%
Message 4 of 5
Regular Contributor

Re: Charge cards and credit mix

for credit-mix there are 3 types of account: bank card, revolving account, and installment loan.

a creditcard counts as "bankcard" and "revolving account"

a store card like lowes counts as "revolving account" only.

im pretty sure an amex chargecard counts as "bankcard" and "revolving account"

any kind of installment loan counts as a loan. car, home, or personal.

Message 5 of 5
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