I am planing to make first credit card (BOA secured credit card). Also, I want get UA explorer card later (I understand it is need high credit score).

I am trying to build credit history by this BOA secured. But Chase is another bank. So, actually where is my credit history will record?

P.S: I am USBANK customer. So, USBANK credit card is better than BOA secure for me I think. But USBANK is not offer FICO score. Is that true?

  • Your credit score is a composite of ALL credit cards, regardless of the issuer. Each issuer does not have its own "credit score" for you. – D Stanley Apr 9 '18 at 21:21
  • But I hear every bank have different credit score. So, not same at all. – Yuta315 Apr 10 '18 at 0:07
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    you were either told wrong or misunderstood. There are three major credit reporting agencies, and most banks report to all 3. – D Stanley Apr 10 '18 at 0:38
  • OK. Because some website say "credit score is very slimier each bank. But not exactly same score they have." So do you know USBANK and BOA are reporting to all 3 credit agencies? – Yuta315 Apr 10 '18 at 0:54
  • I would be shocked if they did not. They may not give you access to FICO scores for free, but you can get them free through other means. That said, don't worry too much about your credit score. Pay your balances in full on time (so you don't pay interest), don't load your cards up too much, and your credit score will be just fine. – D Stanley Apr 10 '18 at 1:01

Credit scores are given based on credit reports these contains your credit history (Credit cards, loans, and in some places monthly payments to contracts (e.g. mobile contracts )

From your credit report compiled by the credit reference agencies (e.g. Experian and Equifax) and in addition to other information you provide on the application individual companies generate their own credit decisions based on their own rules. No-one knows theses rules exactly but an outline of some strategies can be found here although companies can still chose their own. some companies may take into account opportunities to cross sell or other factors in addition to your credit history

Credit scores provided by reference agencies to individuals are therefore simply an indication of your likelihood to be accepted for credit by a generic company - in some cases an excellent credit history may even work against you.

Further US specific information can be found here. Some information specific to the UK can be found here

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