converting CC to a new program- impact on credit/history?
Oct 24, 2010 | 4:15 pm
#1
Original Poster
Join Date: Jun 2009
Location: California
Programs: AAdvantage, United MileagePlus, Alaska MileagePlan, Marriott Rewards
Posts: 132
converting CC to a new program- impact on credit/history?
does anyone know what happens to your credit when you to convert an existing credit card to a new product between the same issuer?
for example, have a chase UA visa closed and credit line moved to open a chase CO card... or like BOA Student Plat Plus converted to a BankAmericard(essentially closing the student plat plus card)
what impact does this show on ur credit report? why i ask is because if it's my oldest credit card with 10 yrs, if i convert it to another product does that mean it's treated like a new card with 0 yrs of history? cuz that will essentially drag down my avg CC history and affect my overall credit score right?
for example, have a chase UA visa closed and credit line moved to open a chase CO card... or like BOA Student Plat Plus converted to a BankAmericard(essentially closing the student plat plus card)
what impact does this show on ur credit report? why i ask is because if it's my oldest credit card with 10 yrs, if i convert it to another product does that mean it's treated like a new card with 0 yrs of history? cuz that will essentially drag down my avg CC history and affect my overall credit score right?
