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New Member
Posts: 9
Registered: ‎10-14-2010
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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.

Frequent Contributor
Posts: 306
Registered: ‎01-12-2011
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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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New Member
Posts: 9
Registered: ‎10-14-2010
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Re: Why does my AMEX Platinum show up as a utilization of my total credit?

It's on my Equifax....

Moderator Emeritus
Posts: 16,374
Registered: ‎03-12-2007
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Re: Why does my AMEX Platinum show up as a utilization of my total credit?


mortalc01l 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?

Credit Profile -
FICO 08 Scores (03-26-2015): EQ 814, EX 817, TU 822
All three scores were 850. Lost points for not having an open installment TL. So, BE WARNED!!!!!
Credit History: 26 years ~ AAoA: 13 years ~ Util: 1% ~ Inqs: EX 1, EQ 1

Credit Cards: Amex BCP ~ Amex Clear ~ Amex Platinum ~ Barclay Ring Mastercard ~ Chase Freedom Visa ~ CITI Dividend Platinum World Mastercard ~ FIA Fidelity Investment Platinum Visa ~ First Hawaiian Bank Gold Visa
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