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BBP okay at 90% util? Or pay early/prepay?

Valued Contributor

BBP okay at 90% util? Or pay early/prepay?

I have a Blue Business Plus coming in the mail. $9k SL for a sole proprietorship. I expect to spend about $8k on it within a few days of getting it.

 

Is it best to pay the total balance shortly after the big transactions post to minimize AA risk on a new account? I hear the card doesn't report, so I don't know if single-card utilization is a concern.

 

Should I push a payment (from a personal checking account I've used to pay personal Amex card for 2 years) before the transactions even post?

 

Or, given that I have 4 clean years of history with Amex, should I just hold onto the cash until the actual due date and not worry about the 90% utilization?

Spend: CSR/Freedom/FU, BBP, Costco, Discover
Perks: Schwab Platinum, IHG, Hyatt, SPG
Rarely useful: BCE, ED, Arrival
2019 downgrade: Prestige
Message 1 of 4
3 REPLIES
Senior Contributor

Re: BBP okay at 90% util? Or pay early/prepay?

Considering your established history with AMEX I think it would be okay to hold onto the cash if that works better for you. Me personally even on non-reporting card the 90% UTL would be an itch on the back of mind that would have me inching my fingers to the payment screen. Smiley LOL

FICO 08 Scores (Mar-18): TU 796, EQ 798, EX 789

Message 2 of 4
Valued Contributor

Re: BBP okay at 90% util? Or pay early/prepay?

I do feel the itch...and I don't even have the card yet!

 

I've got history with them, they just did my annual "backdoor FR" with Schwab, and my other Amex cards have trivial balances. Maybe I will pay on the actual due date.

Spend: CSR/Freedom/FU, BBP, Costco, Discover
Perks: Schwab Platinum, IHG, Hyatt, SPG
Rarely useful: BCE, ED, Arrival
2019 downgrade: Prestige
Message 3 of 4
Valued Contributor

Re: BBP okay at 90% util? Or pay early/prepay?

Or maybe I'll take advantage of the 15 months at 0%...though I'm not quite sure if I'd be asking for trouble at some point.

Spend: CSR/Freedom/FU, BBP, Costco, Discover
Perks: Schwab Platinum, IHG, Hyatt, SPG
Rarely useful: BCE, ED, Arrival
2019 downgrade: Prestige
Message 4 of 4