When do CLI start to report & Benefits of being a Joint user

[Anonymous]

3 weeks ago I got my Amazon Sync CLI from $600 to $2000, Home Depot $500 - $3000 and two days ago Best Buy $1500 a $4500.

On a side not, my wife just got approved for a Cap One Visa Signeture Venture card with a starting CL of $15k. Should I add myself to it, will it help my score? She also have a Lexus Visa Seigneur card with a $9500 CL and I've been on that account for about 1 year now. That card had a balance of $3800 and was affecting my CU. So I paid it off, my utilization dropped from 48% to like 32% +\- but my score did not go up as well. Do joint accounts not affect your credit report as if they were your own TL?

[Anonymous]

They normally report when the CC company reports it, usually after your monthly closing date.

[takeshi74]

This.  CLI's are typically reported the next time your account would normally report.

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@Anonymous wrote:

Should I add myself to it, will it help my score?

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Your call.  Being an AU can help but there are models and creditors that disregard accounts where one is an AU and it would not help in such cases.

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@Anonymous wrote:

So I paid it off, my utilization dropped from 48% to like 32% +\- but my score did not go up as well. Do joint accounts not affect your credit report as if they were your own TL?

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A joint account would be just like your own account.  An account where you're an AU is different as I stated above.  The reason you didn't see your score jump is that 48% to 32% isn't much of an improvment.  Keep in mind that the general recommendation is do not exceed 30%.  Lower is generally better as long as you're not reporting all 0 balances.  To optimize utilization such as when applying for credit allow only one balance to report at 10% or less.