https://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Will-negative-balance-on-a-card-hurt-me/m-p/6726702#M671320 <P class="lia-align-right">My capital one card has a $500 limit and I had $34 spent on it. The day my statement was to happen I got a $100 referral bonus added to my account making my balance -$66 and available $566 on a $500 limit. Will this look odd when reported to credit agencies towards my scores?</P> Sat, 16 Dec 2023 03:55:09 GMT Randy2191 2023-12-16T03:55:09Z https://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Will-negative-balance-on-a-card-hurt-me/m-p/6726702#M671320 <P class="lia-align-right">My capital one card has a $500 limit and I had $34 spent on it. The day my statement was to happen I got a $100 referral bonus added to my account making my balance -$66 and available $566 on a $500 limit. Will this look odd when reported to credit agencies towards my scores?</P> Sat, 16 Dec 2023 03:55:09 GMT https://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Will-negative-balance-on-a-card-hurt-me/m-p/6726702#M671320 Randy2191 2023-12-16T03:55:09Z https://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Will-negative-balance-on-a-card-hurt-me/m-p/6726703#M671321 <P>Nope, won't hurt you at all, I end up having a few cards report a negative balance on occasion.&nbsp; That said, if you have no other cards reporting a balance, you will probably get hit with a temporary "All-Zero" penalty which can cost you ~20 points until your next reporting month.</P> Sat, 16 Dec 2023 03:59:38 GMT https://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Will-negative-balance-on-a-card-hurt-me/m-p/6726703#M671321 Horseshoez 2023-12-16T03:59:38Z