Credit Card Center Advertiser Disclosure

Reply
Member
Posts: 6
Registered: ‎04-01-2010
0 Kudos

AMEX Green Reporting Question *Punch and Pie Inside*

I received an Alert from My Fico that says Transunion is reporting a Flexible Spending Account. It does not state the name of the company. Would this be the AMEX Green card? I openend it in June but the alert says July and it is reporting an $800 limit. I thought the Green card would not report a limit? Should I call Transuion in the morning?

Valued Contributor
Posts: 1,728
Registered: ‎06-05-2015

Re: AMEX Green Reporting Question *Punch and Pie Inside*


sledge187 wrote:

I received an Alert from My Fico that says Transunion is reporting a Flexible Spending Account. It does not state the name of the company. Would this be the AMEX Green card? I openend it in June but the alert says July and it is reporting an $800 limit. I thought the Green card would not report a limit? Should I call Transuion in the morning?


Nope. Now where's my punch and pie?

Shortcuts to credit lead to shortcut results.
Highlighted
Moderator
Posts: 8,862
Registered: ‎06-20-2015
0 Kudos

Re: AMEX Green Reporting Question *Punch and Pie Inside*


sledge187 wrote:

I received an Alert from My Fico that says Transunion is reporting a Flexible Spending Account. It does not state the name of the company. Would this be the AMEX Green card? I openend it in June but the alert says July and it is reporting an $800 limit. I thought the Green card would not report a limit? Should I call Transuion in the morning?


Thanks for the punch and pie!  I just love bourbon pecan...

 

The 'Flexible Spending Account' is usually a Visa Signature or a World Mastercard, they report that way since (theoretically) you can go over the 'revolving' credit line with the blessing of the bank.  I say 'theoretically' since it's strictly up to the issuer, and YMMV when it comes to actually trying this in real-life... I've read some folks on here report giving the credit card company a call for a 'heads up' and having no problem, but it's certainly not guaranteed.

 

Historically, Amex charge cards (Green, Gold/PRG, and Platinum) reported as 'Open' accounts, but lately I've noticed on my own reports my Green just reports as 'credit', depending on the source.  Either way, it shouldn't be reporting as "FSA" (flexible spending account) and it for sure shouldn't reflect a credit limit.

 

Hope this helps!

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
‡ Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.