10-26-2013 07:28 PM
This is what I love about Amex. An absolutely unsurpassed ability to charge large amounts. I didn't have baddies but my oldest acct was just 3 years. I've checked a couple of times before purchases >20k then > 50k which were approved but I have no idea what the actual limit is. At this point I no longer bother to check though I suppose I would if I was looking at using it for >80k or so and I don't forsee that as likely.
10-26-2013 07:33 PM
Thanks for the info. Like you, I'll most likely never even use the 10k I have now, but it's sure nice to know you have it if you ever need it
10-26-2013 07:41 PM
10-26-2013 07:44 PM
I noticed that the PRG reports to both EX and EQ as a credit card. It's not calculated in my utilization and reports no credit limit. If I ever did carry a balance, how does the balance report? Currently there is no balance. It just reports highest balance.
10-26-2013 07:47 PM - edited 10-26-2013 07:48 PM
10-26-2013 07:47 PM
The highest balance is reported. Charge cards don't affect FICO Util calcs at all except for the older TU 98 FICO. I've had the balance report all over the place from zero on up and it has never affected EX or EQ FICO scores.
10-26-2013 07:50 PM
@armbenderc & cashnocredit,
Thanks. I see that is how it reports on EX and EQ now as the highest balance without the PoT feature for me.
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