Do Signature Visas report credit limits?

[Anonymous]

Visa Signature is the visa that has "no pre-set spending limit", but it does have a "credit access line" which is the normal CL. You can exceed the CL as needed.

I have a Chase Marriott Signature Visa with a CL of $5000. Current balance is $142. Just checked EQ and saw the CL reported as the highest I ever had a balance on there ($2200). Are they pulling a capital one here? Or because it has no pre-set limit it just reports it as 0 like AMEX PIF?

No matter - I am paying off the small balance, putting the card in the sockdrawer, and enjoying the free room night and 20,000 marriott points.

[andyaycw]

I believe that the Visa Signatures and other no preset spending limit cards report the high balance, and the CRAs use this high balance as the credit limit.

[Anonymous]

I've heard they have credit limits  but they allow and waive the orver-credit limit fee, they just add the overage to the minium payment just like they do  when they charge the fee

[Tavares]

Phouchg,

I have a Bank of America Worldpoints Visa Signature with 18K CL and they do report to all 3 CRAs.  I called in and made sure of that before converting back in April.  I would call the bank you are interested in first and confirm this with them before applying or converting.

Good Luck,

Tavares

[jsmith12345]

I have a BofA Alaska Signature Visa and they do not report the CL.  I plan to make a change....