BofA siggy reporting Limit on EX ?

[MontegoMack]

I was under the impression the BofA 1-2-3 signature card didn't traditionally report balance, high balance and limit on a tradeline. Well, on my USAA CMS they are reporting the whole enchilada on my EX report (though not on EQ and TU). It lists this TL as a flexible spending credit card with revolving terms and if it matters, it was a PC from an old (and very ugly) Gold card. 

Is this the norm? 

If I carry a balance, how does this this affect my score?

Ugh.

[thom02099]

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@MontegoMack wrote:

I was under the impression the BofA 1-2-3 signature card didn't traditionally report balance, high balance and limit on a tradeline. Well, on my USAA CMS they are reporting the whole enchilada on my EX report (though not on EQ and TU). It lists this TL as a flexible spending credit card with revolving terms and if it matters, it was a PC from an old (and very ugly) Gold card. 

Is this the norm? 

If I carry a balance, how does this this affect my score?

Ugh.

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As you can see from my signature, I have 2 BofA accounts --a Cash Rewards card and a Merrill Lynch Platinum Plus card.  They are both Visa Signature cards...as are my Chase Sapphire Preferred and JP Morgan Select.  All signature cards.  All report on my 3 bureaus. All show a CL, all show a high balance, all show "flexible spending card".  Also as you can see, I'm in the 800 club.  So I think it helps my score, and will likely help your score to report.  I've carried a balance on my BofA and ML cards on occasion, and had practically no impact on my score.  I didn't request that they report this way, they just do.

[Revelate]

If a card reports a limit, than the limit and balance are calculated into revolving utilization metric.

If a card does not report a limit, than the high balance and the current balance are used.

Only really irritating thing about this once known, is some lenders will reset the high balance number after some period .

[HiLine]

For most people, BofA would not report the limit of a Visa Signature. However, I've seen a few exceptions recently. I have no idea why these exceptions exist, but they are certainly not the norm.