What Credit Card Pulls Equifax?
When applying for a new credit card, it is important to understand which credit bureau the card issuer will pull your credit report from. One of the major credit bureaus that credit card companies use is Equifax. Equifax is one of the three main credit reporting agencies in the United States, along with Experian and TransUnion. Knowing which credit bureau a credit card issuer pulls from can help you manage your credit effectively and make informed decisions. In this article, we will explore which credit cards pull Equifax and answer some frequently asked questions about the topic.
Credit cards that pull Equifax:
1. Chase: Chase Bank is one of the largest credit card issuers in the United States. They primarily pull credit reports from Equifax, but they may also consider reports from Experian or TransUnion in some cases. Some popular Chase credit cards include Chase Sapphire Preferred, Chase Freedom Unlimited, and Chase Freedom Flex.
2. Bank of America: Bank of America is another major credit card issuer that often pulls credit reports from Equifax. However, they may also use Experian or TransUnion in certain cases. Bank of America offers a wide range of credit cards, including the Bank of America Cash Rewards Credit Card and the Bank of America Travel Rewards Credit Card.
3. Citi: Citi is known for its diverse range of credit card options, and they generally pull credit reports from Equifax. However, they may also use Experian or TransUnion in certain situations. Some popular Citi credit cards include the Citi Double Cash Card and the Citi Premier Card.
4. Capital One: Capital One is a major credit card issuer that typically pulls credit reports from all three major credit bureaus, including Equifax. They offer a variety of credit cards, such as the Capital One Quicksilver Cash Rewards Credit Card and the Capital One Venture Rewards Credit Card.
5. Discover: Discover is another credit card issuer that generally pulls credit reports from all three major credit bureaus, including Equifax. They are known for their cashback rewards and low-fee credit cards, such as the Discover it Cash Back and the Discover it Miles.
6. American Express: American Express is known for its premium credit cards and generally pulls credit reports from all three major credit bureaus, including Equifax. Some popular American Express credit cards include the American Express Gold Card and the American Express Platinum Card.
Q: Will applying for multiple credit cards that pull Equifax affect my credit score?
A: When you apply for multiple credit cards within a short period, it may temporarily lower your credit score. This is because each credit card application results in a hard inquiry on your credit report. However, the impact is usually minor and short-lived.
Q: How often do credit card companies pull credit reports?
A: Credit card companies typically pull credit reports when you apply for a new credit card. However, they may also periodically review your credit report after you become a cardholder to reassess your creditworthiness and determine your credit limit.
Q: Can I choose which credit bureau a credit card company pulls from?
A: Unfortunately, you cannot choose which credit bureau a credit card company pulls your credit report from. Each card issuer has its own policy, and they generally have contracts with one or more credit bureaus to access credit information.
Q: Will checking my own credit report impact my credit score?
A: No, checking your own credit report or credit score does not impact your credit score. It is considered a soft inquiry, which is different from a hard inquiry that occurs when a lender pulls your credit report for a credit application.
Q: How can I monitor my credit report and score?
A: You can monitor your credit report and score by checking your credit reports regularly from all three major credit bureaus (Equifax, Experian, and TransUnion). You can also sign up for credit monitoring services or use free credit monitoring tools available online.
In conclusion, when applying for a credit card, it is essential to know which credit bureau the card issuer will pull your credit report from. Equifax is one of the major credit bureaus used by many credit card companies, including Chase, Bank of America, Citi, Capital One, Discover, and American Express. By understanding which credit bureau is being pulled, you can better manage your credit and make informed decisions about your credit applications.