Best Cards for a first time churner?
Sep 27, 2013, 2:02 pm
#16
Moderator: Chase Ultimate Rewards
Join Date: Apr 2005
Location: SFO
Programs: UA 2P, MR LT Plat, IHG Plat, BW Dia, HH Au, Avis PC
Posts: 5,457
One question though, since I'll probably just apply for her do you think it's ok for me to call the recon line or speak with them about anything?
Sep 27, 2013, 3:27 pm
#17
Join Date: Nov 2012
Location: Minutes from ATL
Programs: DL
Posts: 436
Is there an Amex card not issued by Amex? They co-brand but my Delta Amex is "issued and serviced by American Express". I know they issue charge cards vs credit cards, but credit would be better for FICO right?
Sep 27, 2013, 4:00 pm
#18
Moderator: Chase Ultimate Rewards
Join Date: Apr 2005
Location: SFO
Programs: UA 2P, MR LT Plat, IHG Plat, BW Dia, HH Au, Avis PC
Posts: 5,457
Yes, several other banks issue Amex-network cards. For example, the Citi AA Amex works on the Amex network but is not issued by Amex. (Delta, on the other hand, is genuine.)
If you plan to make sure the card shows a $0 balance, then it would help your utilization to be a credit card. The most current versions of FICO don't factor charge cards into utilization at all. However, the version on myfico DOES and it uses the highest balance ever reported as a proxy for credit limit.
(See: http://ficoforums.myfico.com/t5/Cred...E/td-p/1609058 )
I know they issue charge cards vs credit cards, but credit would be better for FICO right?
(See: http://ficoforums.myfico.com/t5/Cred...E/td-p/1609058 )
Sep 27, 2013, 6:55 pm
#19
Join Date: Nov 2011
Posts: 1,944
Unless you have a 5x TYP or a multiplier card like Premier/Prestige, the TYP really isn't a good card, even with the new x2 categories.