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Contributor
cassie3783
Posts: 97
Registered: ‎05-30-2012

USAA Flexible Spending CC?

Quick Question:

 

My USAA MC is being listed as a "Flexible Spending Credit Card"  It list the correct credit limit of $6k.

 

How is this different than being listed as your standard Credit Card?

 

Is this adversely affecting me in any way?

 

Does it really matter?

 

Thanks!

Current Score: I don't wanna talk about it this month!
Current Goal:750 across the board
Ultimate Goal: 800+
Chillin' (for real this time) in the garden for a while now until AT LEAST 12/2013. *sigh* Wish me luck!
Contributor
cassie3783
Posts: 97
Registered: ‎05-30-2012

Re: USAA Flexible Spending CC?

anyone?

Current Score: I don't wanna talk about it this month!
Current Goal:750 across the board
Ultimate Goal: 800+
Chillin' (for real this time) in the garden for a while now until AT LEAST 12/2013. *sigh* Wish me luck!
Senior Contributor
john398
Posts: 3,511
Registered: ‎01-19-2009

Re: USAA Flexible Spending CC?

Found an old thread that hauling said he has one and it does report the cl so it would be in the calculation

http://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Flexible-spending-credit-card-utilization...

Valued Contributor
jsucool76
Posts: 2,770
Registered: ‎12-11-2011

Re: USAA Flexible Spending CC?

Is it a world mastercard? World mastercards (and I assume world elite mastercards as well) are, as far as I know, NPSL cards, therefore it might report as flexible spending. 

Wallet: Capital One Cash Rewards 3500CL, Wells Fargo Cash Back College Visa: 900CL, Paypal Smart Connect: 1286CL, Walmart Discover: 2000CL, UPromise Mastercard: 1000CL, Chase Slate: 500CL, Discover IT: 2000CL, Citi Forward: 1500CL, Bank Of America Student Travel Rewards: 700CL
Established Contributor
gettnthere
Posts: 912
Registered: ‎06-14-2012

Re: USAA Flexible Spending CC?

i can't wait until i get one of those type of cards, its definetly one of my goal cards. i still have a pretty good way to go though:smileyfrustrated:



Starting Score: EQ 609, EX 633(Fako), TU 700
Current Score: EQ 699, EX 758, TU 733
Goal Score: 720 across the board
Garden Club Member-GC Challenge: App free since 10/31/12 :smileywink:
Valued Contributor
jsucool76
Posts: 2,770
Registered: ‎12-11-2011

Re: USAA Flexible Spending CC?


gettnthere wrote:

i can't wait until i get one of those type of cards, its definetly one of my goal cards. i still have a pretty good way to go though:smileyfrustrated:


Same. It kind of makes me wish I didn't know about all these types of cards, then I wouldn't long for them :smileytongue: 

 

Before I came to myfico I knew there was visa, mastercard, discover, and amex....I knew amex had charge cards, that's it. Didn't know there was visa signature, world mastercard, world elite mastercard, any of that. 

 

Now I just want them all, and I'm too much of a credit noob to qualify :smileysad: 

Wallet: Capital One Cash Rewards 3500CL, Wells Fargo Cash Back College Visa: 900CL, Paypal Smart Connect: 1286CL, Walmart Discover: 2000CL, UPromise Mastercard: 1000CL, Chase Slate: 500CL, Discover IT: 2000CL, Citi Forward: 1500CL, Bank Of America Student Travel Rewards: 700CL
Contributor
cassie3783
Posts: 97
Registered: ‎05-30-2012

Re: USAA Flexible Spending CC?

Yes, it actually is titled "World MasterCard" on the actual card.

 

I had no idea what any of that meant when I signed up for it, btw.  I thought it was just an extra word they threw in there just for the sake of it :-/

 

Although, now that I'm reading through some of the previous threads I've found, I'm glad USAA is reporting an actual credit limit.  USAA not reporting my credit limit would murder my UTI.

Current Score: I don't wanna talk about it this month!
Current Goal:750 across the board
Ultimate Goal: 800+
Chillin' (for real this time) in the garden for a while now until AT LEAST 12/2013. *sigh* Wish me luck!
Regular Contributor
aloush11
Posts: 134
Registered: ‎02-18-2012

Re: USAA Flexible Spending CC?

I think if they report the limit and label it a flexible account then it would factor it normally in regards to UTL. When its comes to no limit being reported, you would need to rack the account up and then pay it off asap so you can create a baseline.
Valued Contributor
jsucool76
Posts: 2,770
Registered: ‎12-11-2011

Re: USAA Flexible Spending CC?


cassie3783 wrote:

Yes, it actually is titled "World MasterCard" on the actual card.

 

I had no idea what any of that meant when I signed up for it, btw.  I thought it was just an extra word they threw in there just for the sake of it :-/

 

Although, now that I'm reading through some of the previous threads I've found, I'm glad USAA is reporting an actual credit limit.  USAA not reporting my credit limit would murder my UTI.


World mastercard is a NPSL card (similar to visa sig). It also comes with more perks than your average classic, gold, or platinum mastercard. Your creditor (in this case USAA) will usually give you a packet with all the benefits of your specific card. 

Wallet: Capital One Cash Rewards 3500CL, Wells Fargo Cash Back College Visa: 900CL, Paypal Smart Connect: 1286CL, Walmart Discover: 2000CL, UPromise Mastercard: 1000CL, Chase Slate: 500CL, Discover IT: 2000CL, Citi Forward: 1500CL, Bank Of America Student Travel Rewards: 700CL
Frequent Contributor
WhiteCollar
Posts: 309
Registered: ‎04-07-2012

Re: USAA Flexible Spending CC?

My CSP MasterCard reports that way but it also says I have a $5k credit line. I've always been confused by that.


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