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Why does my AMEX Platinum show up as a utilization of my total credit?

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Anonymous
Not applicable

Why does my AMEX Platinum show up as a utilization of my total credit?

When I look at my credit report, my Amex Platinum shows up as being part of my credit utilization!  Given that I have no limit on my AMEX, how can they calculate what my total credit limit is and then how can it be used to calculate my % utilization?

 

Any ideas?  Thanks.

Message 1 of 4
3 REPLIES 3
xlr8d
Frequent Contributor

Re: Why does my AMEX Platinum show up as a utilization of my total credit?

Out of curiosity, is it TU on Myfico? My zync does that too, only on TU on here

Starting Score: EQ 515 TU 490 EXfaco 510
Current Score: EQ 660 TU 665 EXplus 661
Goal Score: 700


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Message 2 of 4
Anonymous
Not applicable

Re: Why does my AMEX Platinum show up as a utilization of my total credit?

It's on my Equifax....

Message 3 of 4
fused
Moderator Emeritus

Re: Why does my AMEX Platinum show up as a utilization of my total credit?


@Anonymous wrote:

 

It's on my Equifax....


This should only happen with the TU 98 scoring model, the TU score sold here. Is your Platinum card reporting as an "open" account with a "high balance" on EQ?

Message 4 of 4
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