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Established Member
IslandGirrrl
Posts: 10
Registered: ‎10-15-2012

Credit Card Utilization %

Mine is really high because I have a BOA Visa Signature card which has no credit limit.  They report n/a under credit limit on my credit report.  So, my total available credit limit is only a sum of my other two cards.  I've contacted BOA and they say that is their standard reporting information similar to a generic AMEX card.  How do you guys handle this? My utilization seems high when in reality it isn't.  Thanks.




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Established Contributor
jadeite788
Posts: 510
Registered: ‎09-25-2009

Re: Credit Card Utilization %

Keep asking, all cards have a limit.  otherwise I assume either the standard $500-1000 is your credit limit.  They say don't utilize more than 9%.


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Regular Contributor
Tran92
Posts: 217
Registered: ‎09-25-2012

Re: Credit Card Utilization %

If it is a sig then typically the cli is 5k.
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Shogun
Posts: 12,875
Registered: ‎04-15-2011

Re: Credit Card Utilization %

Cards without hard limits are generally categorized into another category.  Where are you getting your scores?  FAKOs don't factor the same as FICO.


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Established Member
IslandGirrrl
Posts: 10
Registered: ‎10-15-2012

Re: Credit Card Utilization %

You're right BOA said it was 5k but very loose. I can go way over w/o an issue.  And I'm very embarrased to say I got my credit Utilization score from Credit Karma.  Yes, I'm now a cheapskate. :smileyhappy:




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