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Do Charge Cards Help Raise FICO Scores More Than Credit Cards??

fused
Moderator Emeritus

Do Charge Cards Help Raise FICO Scores More Than Credit Cards??

Hi to All:
 
I currently have an AMEX Blue Card that I am very happy with.  I just received  a pre-approval for a Rewards Plus Gold Charge Card. I'm interested in this card for the membership awards which I can convert to airline miles.  Question is, what effect this charge card or any charge card will have on my scores compared with credit cards that you can revolve.  I know sometimes any new card can lower scores, but later improve with aging.  Any help with this is greatly appreciated.
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Brammy
Moderator Emeritus

Re: Do Charge Cards Help Raise FICO Scores More Than Credit Cards??



fused111 wrote:
Hi to All:
 
I currently have an AMEX Blue Card that I am very happy with.  I just received  a pre-approval for a Rewards Plus Gold Charge Card. I'm interested in this card for the membership awards which I can convert to airline miles.  Question is, what effect this charge card or any charge card will have on my scores compared with credit cards that you can revolve.  I know sometimes any new card can lower scores, but later improve with aging.  Any help with this is greatly appreciated.


 
I don't think it makes a real difference.  Some of my store cards which are actually credit cards show up on the bureaus as charge cards

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