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Equifax Score Simulator-Do I trust it?

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I was thrilled today to see that my hard work has payed off. Equifax has updated my score to 698! They claim that my not having a Credit Card is negatively effecting my score.

The simulator says that if I get a card with a $5000 balance that my score will increase to 728.

I posted earlier that I will be applying for a new mortgage in the next 1-3 months. Many discouraged me from applying for a card because they feel it will lower my score before it boosts it.

When using the simulator I am wondering if I should take a chance?

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