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Do they Report negative and low balance?

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Anonymous
Not applicable

Do they Report negative and low balance?

I got two new cards last month that one card has credit on it because of the opening bonus income, the other one (Better Balance cash rewards from BoA) I only charged $1 on it with a 3k CL. In that case, do the banks report my utility to the 3 credit bureau? I have been waiting for a month since appied the cards, seems nothing has been reported.

Message 1 of 4
3 REPLIES 3
JagerBombs89
Established Contributor

Re: Do they Report negative and low balance?

Negative balances (credits) generally report as $0 while the other card should report $1.

Message 2 of 4
Anonymous
Not applicable

Re: Do they Report negative and low balance?

When should I see the reporting normally? Thanks for your response Smiley Happy 

Message 3 of 4
Anonymous
Not applicable

Re: Do they Report negative and low balance?

After some search, I think the banks will report my new accounts to the 3 CRAs up to two months. I will wait for it. Let's close this question for now.

Message 4 of 4
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