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Card breach shouldn’t affect your scores

Mar 09, 2009 | | Comments Comments Off

Dear Liz: My credit card issuer just told me that I am being issued a new card with a new account number because of a database breach. Will that have an impact on my credit score? Will it change the length of years I have had the credit card?

Answer: The answer to both questions is “probably not.” In these situations, credit card companies typically merge the new account with your old one so that it reflects your long credit history with the previous card.

Once you get the new card, take advantage of your free annual peek at your credit reports via www.annualcreditreport.com to make sure the account is being reported correctly. If not, ask the issuer to combine this account with the one it replaced.

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