No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
I received a letter today from Chase, notifying me that they were changing my card to a Visa Signature. I called and asked how they were going to report it to the bureaus. The CSR checked and told me it would be reported as a no cap spending limit. What will this do to my credit?
@BluMoon wrote:I received a letter today from Chase, notifying me that they were changing my card to a Visa Signature. I called and asked how they were going to report it to the bureaus. The CSR checked and told me it would be reported as a no cap spending limit. What will this do to my credit?
If you have high UTIL it may hurt you. Other than that you should be OK.
Anytime I have a balance on my card, it shows it as both the limit and the high balance when the statement is cut unless I PIF. The only way it does not hurt my score is when it has a 0 balance.