https://ficoforums.myfico.com/t5/Credit-Cards/Amex-Charge-Card-Pros-and-cons-of-carrying-a-balance/m-p/4987385#M1457404 It doesn't factor into your utilization so it doesn't matter. I think a benefit is just taking advantage of the grace period which is interest free for about 25 days or whatever it is before you pay it off in full. But of course it's personal preference, pay it off before the statement if you have funds to do so. Fri, 30 Jun 2017 05:40:34 GMT Anonymous 2017-06-30T05:40:34Z https://ficoforums.myfico.com/t5/Credit-Cards/Amex-Charge-Card-Pros-and-cons-of-carrying-a-balance/m-p/4987347#M1457383 <P>I understand charge cards do not count against utilization. Is there any benefit to allowing a balance to report? Is it better to pay it off before the balance reports? Thanks.</P> Fri, 30 Jun 2017 04:12:00 GMT https://ficoforums.myfico.com/t5/Credit-Cards/Amex-Charge-Card-Pros-and-cons-of-carrying-a-balance/m-p/4987347#M1457383 Anonymous 2017-06-30T04:12:00Z https://ficoforums.myfico.com/t5/Credit-Cards/Amex-Charge-Card-Pros-and-cons-of-carrying-a-balance/m-p/4987381#M1457403 <P>I have an Amex platinum and I have let a balance report once in awhile and I didn't see any effect on my credit score. It may make sense to report a $0 balance if your planning to apply for something.</P> Fri, 30 Jun 2017 05:18:52 GMT https://ficoforums.myfico.com/t5/Credit-Cards/Amex-Charge-Card-Pros-and-cons-of-carrying-a-balance/m-p/4987381#M1457403 Discover2016 2017-06-30T05:18:52Z https://ficoforums.myfico.com/t5/Credit-Cards/Amex-Charge-Card-Pros-and-cons-of-carrying-a-balance/m-p/4987385#M1457404 It doesn't factor into your utilization so it doesn't matter. I think a benefit is just taking advantage of the grace period which is interest free for about 25 days or whatever it is before you pay it off in full. But of course it's personal preference, pay it off before the statement if you have funds to do so. Fri, 30 Jun 2017 05:40:34 GMT https://ficoforums.myfico.com/t5/Credit-Cards/Amex-Charge-Card-Pros-and-cons-of-carrying-a-balance/m-p/4987385#M1457404 Anonymous 2017-06-30T05:40:34Z https://ficoforums.myfico.com/t5/Credit-Cards/Amex-Charge-Card-Pros-and-cons-of-carrying-a-balance/m-p/4987447#M1457427 The only thing I can see is it factoring into your total utilization Fri, 30 Jun 2017 11:11:38 GMT https://ficoforums.myfico.com/t5/Credit-Cards/Amex-Charge-Card-Pros-and-cons-of-carrying-a-balance/m-p/4987447#M1457427 fltireguy 2017-06-30T11:11:38Z https://ficoforums.myfico.com/t5/Credit-Cards/Amex-Charge-Card-Pros-and-cons-of-carrying-a-balance/m-p/4987449#M1457428 <BLOCKQUOTE><HR /><a href="https://ficoforums.myfico.com/t5/user/viewprofilepage/user-id/938220">@fltireguy</a> wrote:<BR />The only thing I can see is it factoring into your total utilization<HR /></BLOCKQUOTE><P>No, no effect whatsoever on your utilization</P> Fri, 30 Jun 2017 11:12:45 GMT https://ficoforums.myfico.com/t5/Credit-Cards/Amex-Charge-Card-Pros-and-cons-of-carrying-a-balance/m-p/4987449#M1457428 Anonymous 2017-06-30T11:12:45Z