@youngandcredit- 1 cc @ 94% & another at 89% (other 2 were 10% & 25%) I think this shows that with regards to credit increases, Amex is more concerned with your history with them than other creditors. @Nada- 1st statement balance $900 2nd statement balance $525 I paid in full once my statement generated. I also have a Zync that was opened a couple of weeks before & I paid those right away. Hardly charged anything on the Zync (1 charge each cycle for under $20.) However, during the 1st billing cycle on the BCP I kept charging up to $2,000 & then returned stuff. $2,000 CL wasn't really cutting it- I had to split my Bloomingdales charges on 2 cards more than once. I only mention this bc ppl say that Amex likes ppl who spend a lot and that if you don't use the limit they started you with then you don't have a case for an increase. Not sure if I buy this line of thinking. (Wasn't trying to pull anything with the buying & returning it's just that the way Bloomingdales sakes wirk, you get a bigger percentage off if you charge more.) My income is pretty mid range. I had a green card 12 yrs ago for a few months but Amex has no record of it so essentially the Zync & BCP are my first Amexes.
When you say "returned stuff"........do you mean returning what you bought or just paying off cards???
interesting... I was actually a little worried about two of my accounts reporting with high util (Chase Freedom and Trav Amex)....
so maybe this isn't a concern. I def plan to PIF with Amex though!!! This is good info to hear! Thanks :-)
I keep my balances low or zero. It's been challenging of late since I just bought my house and Christmas is around the corner though, but thankfully I don't have any interest being charged until Dec' 2013. I wouldn't worry too much about ultiizatin and credit score unless I was going to ask for more credit. Keeping balances low helps with that though.