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I had DW add me as an AU on her Citi Forward card opened in early 2009 with a 2.5K CL. The account has a zero balance (and will always report this way) and has never been late. I asked her to do it to offset some of my new TL's for AAoA purposes. What I didn't think to look at was the high balance and monthly payment amounts. The CL is 2.5K and the high balance reported is $2,550. It does show she made minimum payments for quite some time. Does this affect me negatively in any way? Should I ask her to remove me?
I searched on this topic and found some FICO8 FAQ's that stated that it would have ill effect but found old posts that seem to believe it carries no scoring weight at all. Then I thought about people who shift CL's around with the same issuers i.e. someone moves all but $500 to another card. I'm sure the high balance reported on that card could far exceed the reported credit limit.
Can someone please clarify? Thanks so much.
It will be fine, the High Balance shouldn't effect anything, and if it ever comes up in a manual review, #1 you are an AU on the card, #2 its a signature card it is allowed to go over the limit as long as the excess was paid as specified.
It will also be fine if you remove the AU, your current cards are pretty good. So you are obviously doing fine.