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it appears that synchrony bank hasn’t reported my credit limit to my accounts.. when I use this card is it going to show a higher utilization because of this?
@Anonymouswrote:it appears that synchrony bank hasn’t reported my credit limit to my accounts.. when I use this card is it going to show a higher utilization because of this?
Yes they report the limit and balance at time of statement. How long have you had the card and where are you checking to see if it reports?
Can confirm they report, where are you getting the reports?
I must be jumping the gun. I just got the card today and credit karma shows the card just not the limit.
On a new application you'll see the inquiry on your report first. Once the actual account reports you should see the limit, reported balance, etc.
I'm actually a little impatient waiting for the next statement to cut...I got a $2500 CLI on my Amazon Prime card last month but because of the way things work, it won't report until after the new statement has cut (payment date is the 25th of the month).
Patience, people, patience.....
@Anonymous
I just cheked my 3 reports and it shows Credit Limit and High Credit for this card. So the answer is yes, they do report.