Question about Visa Signature

[BluMoon]

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?

[LS2982]

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@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?

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If you have high UTIL it may hurt you. Other than that you should be OK.

[revvystoke]

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.