that a second card from Amex reports "since the time that you opened first card". Applied and approved for a hotel card from American Express. I checked all three reports to see if they report since credit alerts didn't detect any and found it reports as an old card as the first one. I wonder if this is true with all other (major) creditors such as Chase, Bank of America or CITI. Does anyone has answers? Also never knew we can pull free credit report on approved credit. Just pulled TU online with CITI inquiry. I was approved online from preapproved offer. I just thought that it would be just like after hard CLI when creditor only partially approves (equivalent as partilally deny) the request we are entitled to a free report. Basically I thought approved or not, adverse actions or not, CRA can't distinguish them. Can anyone explain this for me?
Apparently, they are using the date you first became their customer as the date opened for all subsequent accounts. It's inaccurate and a bit deceptive, but it probably will work to your advantage for the sake of your credit scores. Or it could be a date entry error The FCRA states that you are entitled to a free report after an adverse decision has been made because of your CR, but like you said, they will not know that you were indeed approved until the account starts to report.
So this could easily be an error. Hmm.. =) I thought it's a courtesy from them because I was a responsible customer for them. I was going to strategize this by having second cards from the companies that I have been doing business with. Maybe not... Then, another thing that occured to me was the secured card. After graduation, they issued a new, unsecured card with new account number, apr, and stuffs, but this doesn't report new and basically took over all histories of secured card except for account number while old, secured card is gone away in all three CRs. Apparently they are doing it for courtesy to not hurt my credit????
