@Anonymous wrote:@ChemE_Bear so what have you done? have you made any decisions or any moves?
Another thing I wanted to tell you is you will see a significant gains as that oldest primary revolver ages on versions 8 and 9.
your oldest revolver gives you points as it hits thresholds and that's one reason your score would be lower than it would be compared to someone else with the same oldest account that was a revolver.
hope you're doing well.
Thanks for asking. I apped for GS Apple Card ($5000) and Citi Double Cash ($8000)... so now I have four revolvers reporting. I still haven't tested the AU AZ penalty but with AZEO and only the Apple card reporting (18%) my scores are EX/EQ/TU : 752/742/748. My AAoA is now 1y 6m. The Apple card just started reporting and is slow to report so I will have AZEO with that one at zero and another card at some small $ amount next month and see a few points gained. All of my revolvers are still really young so I expect to see some points when the AMEX (3 mo)/Apple (2 mo)/Citi cards (2 mo) reach 6 months and/or when my oldest revolver Discover turns 1 year in February. So I'm just gardening and aggressively paying down my student loans. I should have those loans hit 88% from 94% utilization at the end of the month so I'm interested to see the impact that makes. I would like to apply for an auto loan early next year so I probably won't add another revolver for awhile, just letting accounts age.
AU: 
@Anonymous wrote:@ChemE_Bear first, congratulations on the two cards, nice limits too!
Ok so you have 3 revolvers now, nice. Let me know as Discover crosses age thresholds, any points you get for passing for those thresholds, please. They always happen on the first of the month.
How many points when Apple reported? And you say you’re waiting on double cash to report, so can you please report those point changes whenever it reports? Many thanks! I’m glad to hear you’re doing well.
4 revolvers actually: Discover IT/Amex BCP/Apple/Citi DC. They are all reporting, now. I don't have all bureau data but Citi started reporting in August and dropped EX FICO8 4 points (758 to 754) when it reported the first time ($0 balance). AMEX started reporting (2% utilization at reporting) in September and TU FICO8 dropped 5 points (755 to 750). When Apple card started reporting w/ 18% utilitization late September TU FICO8 dropped 6 points and EQ FICO8 dropped 3 points. For zeroing out the accounts one at a time after they started reporting, no points gained going from $77/2000 to 0 on Discover across all bureaus, with three other cards reporting small balances. I saw 4 points gained on EX FICO8 and 3 points on TU FICO when the AMEX went from $331/13400 to $0/13400. I gained 1 point on EX FICO going from $15/$8000 on Citi DC to zero, no points on other bureaus. I just checked and my current EQ and TU scores are lower because Apple updated again at a higher utilization (27%) from a 0% financing Apple purchase that I've sinced paid off so I expect to go back up to 755+ish once Apple updates and I am using another card for AZEO at some much smaller utilization. So I haven't seen any gains really from these new accounts yet, but its also hard to tell until I am having my one reporting card at a lower utilization. I do see ~4 points gained each time I've paid my total student loan balances by $500 the past couple of months so I'm tracking how that affects things pretty closely. Those student loans are also being identified as "personal finance accounts" by myFICO even though they are federal student loans and listed as a student loan on my credit reports... not sure if or how that affects scoring.
@Anonymous wrote:
@ChemE_Bear wrote:My AAoA is now 1y 6m.
@ChemE_Bear: Did you see TU8 go up at AAoA 1yr 6mo? I got +7 on TU8 both times I reached AAoA 1yr 6mo.
All of my revolvers are still really young so I expect to see some points when the AMEX (3 mo)/Apple (2 mo)/Citi cards (2 mo) reach 6 months...
November 1st might be really good for you!
AoYA/AoYRA reaching 3mo (your Apple and Citi) is worth even more than the 6 month gains!
Actually, I think I miscalculated my AAoA... Experian says my AAoA is 1y4m.
My accounts (disregarding AU accounts) are:
Open (2 install, 4 revolvers): August 2017, August 2018, February 2020, July 2020, August 2020, August 2020
Closed (installment): September 2018
I calculate my AAoA as 1y3m if the accounts opened in August are considered 2 months but if they are 3 months I get AAoA 1y4m. Maybe I will see some gains in December when I hit AAoA 1y6m? Or in November when my AAoRA hits 6 mo? I can't tell what points I gained if any from my first revolver hitting 6 mo because my AoYRA hit 6 months at the same time my oldest accounts crossed the 3y mark, which is what the original thread was about (going from 734 to 761).
@Anonymous wrote:
@ChemE_Bear wrote:
@Anonymous wrote:@ChemE_Bear first, congratulations on the two cards, nice limits too!
Ok so you have 3 revolvers now, nice. Let me know as Discover crosses age thresholds, any points you get for passing for those thresholds, please. They always happen on the first of the month.
How many points when Apple reported? And you say you’re waiting on double cash to report, so can you please report those point changes whenever it reports? Many thanks! I’m glad to hear you’re doing well.4 revolvers actually: Discover IT/Amex BCP/Apple/Citi DC. They are all reporting, now. I don't have all bureau data but Citi started reporting in August and dropped EX FICO8 4 points (758 to 754) when it reported the first time ($0 balance). AMEX started reporting (2% utilization at reporting) in September and TU FICO8 dropped 5 points (755 to 750). When Apple card started reporting w/ 18% utilitization late September TU FICO8 dropped 6 points and EQ FICO8 dropped 3 points. For zeroing out the accounts one at a time after they started reporting, no points gained going from $77/2000 to 0 on Discover across all bureaus, with three other cards reporting small balances. I saw 4 points gained on EX FICO8 and 3 points on TU FICO when the AMEX went from $331/13400 to $0/13400. I gained 1 point on EX FICO going from $15/$8000 on Citi DC to zero, no points on other bureaus. I just checked and my current EQ and TU scores are lower because Apple updated again at a higher utilization (27%) from a 0% financing Apple purchase that I've sinced paid off so I expect to go back up to 755+ish once Apple updates and I am using another card for AZEO at some much smaller utilization. So I haven't seen any gains really from these new accounts yet, but its also hard to tell until I am having my one reporting card at a lower utilization. I do see ~4 points gained each time I've paid my total student loan balances by $500 the past couple of months so I'm tracking how that affects things pretty closely. Those student loans are also being identified as "personal finance accounts" by myFICO even though they are federal student loans and listed as a student loan on my credit reports... not sure if or how that affects scoring.
@ChemE_Bear Awesome, thank you for the dps. Please keep us posted! I'm surprised you didn't see an increase, it must be because of the utilization of number of cards reporting as you said.
$500 paydown =4 points? How many times has this happened?
Oh, looking back I guess just once. My 2 loans went from 97.7% utilization to 95.7% utilization ($24446/25000 to $23946/25000) and my TU FICO 8 went up 4 points. The next month another $500 paydown going from 95.7% to 93.7% ($23446/$25000) I didn't gain any points. I saw some mention of a threshold at 88% so I paid down to $22000/$25000 this month which should report early next month and I will see if there is any significant gain then.