Credit Cards Center Credit cards from our partners
Valued Contributor
Posts: 1,346
Registered: ‎04-15-2011

Re: How Charge Cards vs Credit Cards Report

CS800 wrote:

Yikes on the TU98. If I charge $5000 on my charge card,and if my balance is factored in my utilization, then my util will be 160%. Smiley Sad


Am I right to assume this?

No, across all scoring methods the one thing you can count on is a cards limit is ITS' own limit. A NPSL is just that, flexible, the CRA's all know that, so if you charge 5000 on your charge card (the issuer approved it or it wouldn't be posting), that is the MINIMUM limit for that card at that point in time and does NOT  "spill over" onto your other limits. Now if the card is closed and you don't PIF right away, it WILL affect your score as it would be factored in as being the card is closed, and it has a zero limit at that point. The scoring models can not "use" the available credit on your other lines, but it will SCORE you as though you were at 160% util without stating it being phrased that way as well as factoring in a closed account with a zero limit being 5k over the credit line (at that point you can expect quick AA from your other creditors along with all your scores diving). Only the charge card itself would be considered "maxed out" at it's high limit while open and in good standing.


Hope that helps a bit with that concern.

Valued Contributor
Posts: 1,979
Registered: ‎04-07-2009

Re: How Charge Cards vs Credit Cards Report

If  the balance is due in full each month then it is not included in your FICO util.

Equifax My FICO score 815 5/28/2012, 818 on 7/28/2014 . Average of Accounts 12 years and no Installment accounts. MyFICO TU 810 6/26/2012 809 4/21/2013 MyFICO XPN -805. 2/26/2014 Discover TU FICO 813 App free since 9/2011
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 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.

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

IMPORTANT INFORMATION: All FICO® Score products made available on 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.