Super Contributor
Posts: 7,132
Registered: ‎02-27-2013

Re: Maxing a card out question

Even if you let it report, it's no big deal. As long as you are not applying for any sort of credit or loan, just let balances report.

I let my credit card balances report whenever I'm not applying for credit, but I do pay my entire statement in full by the next cycle, so i never get charged any interests. Sometimes I have more than 1 maxed out card reporting, and there's been instances where my CSP and other cards were at >100% utilization, though at different times.

Never had any sort of any issues with any banks. The only downside is that your score takes a temporary hit with all the high utilization reporting, but if you are not seeking credit, then it doesn't matter.
JPMorgan Palladium (100k), AmEx Platinum (NPSL), AmEx SPG (46k), AmEx BCP (42k), Chase Sapphire Preferred (47k), Citi Prestige (31k), Citi Thank You Preferred (27k), Citi Executive AAdvantage (25k), JPMorgan Ritz-Carlton (21k), Merrill+ (15k), US Bank Cash+ (22.5k), Wells Fargo (12k), Bloomingdale’s (12.4k), Chase Freedom (5k), Discover IT (5k).
Valued Contributor
Posts: 4,960
Registered: ‎01-04-2014

Re: Maxing a card out question

+1 US Bank 100%


It's All In The Magic Of Your Own Destiny
Valued Contributor
Posts: 12,904
Registered: ‎08-13-2013

Re: Maxing a card out question

longtimelurker wrote:

Wade64 wrote:

odbbza wrote:

Ok I appreciate the quick responses... I'm trying to set up a auto pay of a new CC actually and I'm deciding what bills I want the CC to pay for (then pay the CC off right away).


edit: Do I just ask the company when they report or how will I find that out?

Most report right after the statements cut! It shows on reports a few days later

Note the "Most".  US Bank reports at the end of the month, regardless of statement date.   I don't know other exceptions but tell us what the card is in case others know.


Amex, Discover and PedFed does it right after statement cuts!

Old user name newportguy*** Current Score: myFico EQ - 813 (01/14/2015) Discover TU Fico - 809 (02/04/2015) EX Fico - 821 ( 03/01/2015 ) ******* Amex - BCP 10 K * Discover - IT 12 K * U.S. Bank Cash + Visa Signature 8.8 K * PenFed - Cash Rewards 5 K * Amex - GDSM 5 K ******FICO 800 Club Member ******* EQ 813 *** TU 809 *** EX 821 ***
****** Last HP & New TL was March 6th 2014 *** GOAL: No HP's or New TL's for 2 + years and 830's Scores ******
New Visitor
Posts: 5
Registered: ‎01-26-2014

Re: Maxing a card out question

It's a Capital One quicksilver one cash rewards.

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 based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on 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.