|
I have both a AmEx and Discover Card and from my experience AmEx is way better BUT it doesn't sound right that opening a new credit card will boost your FICO score. Once you get apply for a new card your credit score is actually going to take a 30-50 pt hit that will take anywhere from 3-9 months to recover from so if you are looking to improve your FICO score because you want to get a mortgage or new car DO NOT apply for any credit. The only thing I can think of is that they are suggesting that having more available credit will improve your score but if that is the case, you are better off calling your current cards and asking them to raise your credit limit
|