When you get deep inside of the credit card game, you can get real deep into it. Instead of just worrying about getting a hard inquiry, or worrying about different rewards that each card offers, you can delve into other things. What about getting an SSL to increase your score, what about paying all of your cards off except for one of them? What about getting specific credit cards because it only report to certain credit bureaus and not other ones?
The last one happened to be the case with the Apple credit card, where it was only reporting to TransUnion. But that looks like it may change fairly soon.
Some users are reporting that the Apple card is now reporting to Experian in addition to TransUnion.
Depending on your own credit report, and your credit card goals, this could be a good or a bad thing. With all credit cards, I would go in assuming that they would report to all 3 bureaus, and if not, they probably will in the future. With the Apple card, it was only reporting to TransUnion for a very long time. With the inclusion of Experian, I would venture to say the time of having it not report to Equfiax is pretty slim.
If for some reason, you’re in a situation where the Apple card reporting to either Experian or Equifax would negatively impact your score, and you are thinking about applying for a card that checks either of those two bureaus, you’re time is slimming. If on the other hand, you aren’t thinking about applying for anything for a while, the Apple card reporting to Experian (and probably Equifax in the future) is probably an overall good thing. Just make sure to stay up to date with your payments and don’t do anything sketchy and you’ll be in a better position because of it.
Did you sign up for the Apple credit card because it only showed up on TransUnion? How do you feel about this news now? Let us know down in the comment section below!