Valued Contributor
my-own-fico
Posts: 1,218
Registered: ‎01-05-2010
Re: I was told to keep a positive balance on credit card accounts to raise FICO Score

It's my experience that credit cards consistently report every month. I have just checked for both Amex and non-Amex. I make the distinction because Amex is in some situations an exception from Visa, MC, Discover etc. Amex for instance updates the activity date only when a statement balance is larger than zero, while others do it also if such a balance has have been zeroed before the statement date. Here is, if I remember correctly, where it gets really funny, because when a month of no use follows a month of a larger than zero balance, a zero balance will be reported. But that's not what people have in mind when saying that a card reports a balance, just as carrying a balance means one thing to some and another to others.

Reported credit card debt EQ $0 TU $0 EX $0