AMEX Platinum Business Credit / Authorized User

[Anonymous]

Hello,

My buddy will be adding me to their American Express Platinum Business with a 100K credit line. While I know being an authorized user on a personal credit score will improve your credit score and utilization, is this the same case for business credit cards? Will my score improve as I am piggybacking off their good payment behavior (pays off full balance every month) and will it increase my credit utilization as I am now a part of their 100K credit line?

I have tried searching for a clear answer to this question but just could not any clarification.

Thank you!

[Anonymous]

No. AMEX business cards don’t report to personal credit (unless in default).

[Anonymous]

Amex does not report positive history for business cards to personal CRA's.

[Anonymous]

Thank you.

How about credit utilization? Will it help increase it?

I just want to know if there is any beneficial reason to get added.

[Anonymous]

---

@Anonymous wrote:

Thank you.

How about credit utilization? Will it help increase it?

I just want to know if there is any beneficial reason to get added.

---

No help with utilization. It will have zero positive effect on your personal credit report. 

[SouthJamaica]

---

@Anonymous wrote:

Hello,

My buddy will be adding me to their American Express Platinum Business with a 100K credit line. While I know being an authorized user on a personal credit score will improve your credit score and utilization, is this the same case for business credit cards? Will my score improve as I am piggybacking off their good payment behavior (pays off full balance every month) and will it increase my credit utilization as I am now a part of their 100K credit line?

I have tried searching for a clear answer to this question but just could not any clarification.

Thank you!

---

1. I don't know what a 100k credit line means in the context of an Amex Business Platinum card; it's a charge card with no preset spending limit.

2.  No this will have no effect at all on your personal credit. It doesn't report to personal credit.

[Shooting-For-800]

no help in any way