topic Re: signature card that doesnt report balance in Credit Cards

signature card that doesnt report balance

oracles — Tue, 28 May 2013 21:34:51 GMT

Does anyone know of a credit card that doesnt report the balance. I know cards like american express that are NPSL that do not report the balance but you have to pay in full every month.

I am looking for a signature card that isn't a NPSL and does not report the balance.

Thanks everyone for your help.

Re: signature card that doesnt report balance

Anonymous — Tue, 28 May 2013 21:36:02 GMT

Chase palladium and JP Morgan select are hidden trade lines

Re: signature card that doesnt report balance

RSCo — Tue, 28 May 2013 21:40:33 GMT

@oracles wrote:
Does anyone know of a credit card that doesnt report the balance. I know cards like american express that are NPSL that do not report the balance but you have to pay in full every month.

I am looking for a signature card that isn't a NPSL and does not report the balance.

Thanks everyone for your help.

huh.. they don't report your balance? do they report as a tradeline? how does this impact ones credit score?

Re: signature card that doesnt report balance

oracles — Tue, 28 May 2013 21:41:30 GMT

@Anonymous wrote:
Chase palladium and JP Morgan select are hidden trade lines

Thanks but anything without an annual fee.

Re: signature card that doesnt report balance

Anonymous — Tue, 28 May 2013 21:44:36 GMT

Certain business credit lines do not report balances, but they are net 30/60 and you need to either own or manage a business.

Bill me later also doesn't report to CRAs it I'm not wrong

Re: signature card that doesnt report balance

oracles — Tue, 28 May 2013 21:56:41 GMT

Thanks

Any other suggestions anyone?

Re: signature card that doesnt report balance

FutureBillionaire — Tue, 28 May 2013 22:11:08 GMT

@oracles wrote:
Thanks

Any other suggestions anyone?

My BofA visa signature cash rewards doesn't quote a balance.

Re: signature card that doesnt report balance

Anonymous — Tue, 28 May 2013 22:13:37 GMT

BofA reports balances, but not credit limit for visa signature cards

Re: signature card that doesnt report balance

KIPPIE12 — Tue, 28 May 2013 22:19:41 GMT

+1 BOA reports high balance as flexible spending credit card. The high balance sets itself as the credit line until next cycle, if i'm not mistaken. I had mind downgraded to Platinum Plus for that reason, as i wanted to util cushion.

Re: signature card that doesnt report balance

FutureBillionaire — Tue, 28 May 2013 22:37:13 GMT

I actually meant to say credit limit. My fault.

Re: signature card that doesnt report balance

jsucool76 — Tue, 28 May 2013 23:19:59 GMT

All cards report balances unless they are hidden tradelines (including amex charge cards) your onlu options are going to be certain business cards that dont report on a personal report, or hidden TLs like BML.

Re: signature card that doesnt report balance

HiLine — Wed, 29 May 2013 04:35:35 GMT

You can count on Bank of America to not report limits for their Visa Signature cards.

Re: signature card that doesnt report balance

Anonymous — Wed, 29 May 2013 12:42:07 GMT

Agreed and I can confirm JPM Select and BML (well, Newegg anyway) are NOT on my credit reports; no balances, no credit limit, not even the hint of a tradeline. I used to have a Radio Shack store card that was hidden as well.

BoA World MC does report limit and balance, however, that was through bank offered upgrades formerly Platinum Plus so maybe that is why stats are reported.

Getting a hidden trade line with no AF is probably not going to happen. I certainly think the $95 or whatever I pay for the JPM is worth the hidden trade line.

Re: signature card that doesnt report balance

CS800 — Wed, 29 May 2013 13:33:28 GMT

My BOA 1-2-3 Sig doesn't report the credit limit; but reports my high balance.

Re: signature card that doesnt report balance

oracles — Wed, 29 May 2013 17:18:14 GMT

Thanks everyone

I guess there are really no option.

JP Select is discontinued and BML really isnt an option.

Thank you again everyone

Re: signature card that doesnt report balance

Anonymous — Wed, 29 May 2013 17:22:27 GMT

JP Morgan select isn't discontinued. You just need to be a JP Morgan client to get it now

Re: signature card that doesnt report balance

oracles — Wed, 29 May 2013 18:29:27 GMT

oh wow ok, and what is the annual fee?

I cant find it

thanks again

Re: signature card that doesnt report balance

Anonymous — Wed, 29 May 2013 20:54:22 GMT

I am not too sure on the AF. I think it's lower than the palladium, but its sorta harder to get than the palladium because of the requirement of having to be a JP Morgan client. You got to be okay with the idea of putting your money with them to invest

Re: signature card that doesnt report balance

jsucool76 — Wed, 29 May 2013 21:38:27 GMT

Pretty sure the AF for the JPM Select is $95.

Also, as far as its difficulty to get, you need to be either a JPM Client or a chase private client (or something like that, they have like 10 different levels) for the palladium as well. Last I heard, you had to have over a million with them for the palladium, but people used to say you needed to have 30 million+ , not sure where exactly it stands now.

You used to be able to get away with getting both the JPM select and palladium without really meeting any of the requirements. Now, for the palladium at least, a private banker (most likely your private banker) has to endorse the application in order for it to be even considered (AFAIK)

Re: signature card that doesnt report balance

Anonymous — Wed, 29 May 2013 21:42:02 GMT

You need 250k in deposits and a private banker to qualify for the palladium. Once those requirements are met you can apply.