Do Charge Cards Help Raise FICO Scores More Than C... - myFICO® Forums

fused · ‎04-15-2007

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.

Brammy · ‎04-15-2007

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

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

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

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