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Is there any score-related reason to keep utilization low on business credit cards that don't report to your personal credit? I've been keeping my Blue Business Plus and Ink Cash low out of habit, but as far as I know they don't even report to anyone--so can it matter how much I use as long as I keep paying on time?
@Anonymous wrote:Is there any score-related reason to keep utilization low on business credit cards that don't report to your personal credit? I've been keeping my Blue Business Plus and Ink Cash low out of habit, but as far as I know they don't even report to anyone--so can it matter how much I use as long as I keep paying on time?
I've been told that utilization percentage is immaterial in business credit.
I have a letter explaining I was given a low limit on a Non PG Amazon account due to revolving utilization on my EQ business report.
When I called, she was willing to increase the limit with a PG (which again leads me to believe that they still look at your personal based upon name and address)
Don't forget that your utilization on your business report for most accounts will be measured based upon reported high balance. In my case I have 1 year 0% offer on a business card and carrying roughly 6 months worth of monthly spend as the limit on that card is roughly 2 times my annual spend. I figured, I would run it up for a year and that will give me padding if it really matters to anyone.