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Does Sapphire report the credit limit? heard it doesn't??!!!

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sham010379
New Contributor

Does Sapphire report the credit limit? heard it doesn't??!!!

Just got this card and nervous that some say visa signatures does not report credit limits. If this is true how will it help my score?
Message 1 of 8
7 REPLIES 7
yudeology101
Senior Contributor

Re: Does Sapphire report the credit limit? heard it doesn't??!!!

Yes it does.  It will show as "flexible spending limit" with the amount. 

JPM Ritz Carlton $8k I UMP Club $8k I CSP $8k | Chase Hyatt $5k I AMEX Green NPSL I AMEX Delta $2k I Citi AA $2k | C1 QS $4.5k
BOA UNC-CH Alumni $6k I Hawaiian WEMC $3k I Arrival $6.5k I IT $1.5k | Merrill+ $2k | Lowes $12k | Apple $2k | +23more
Scores: EQ:671 (FICO 11) EX:686 (FICO N/C) TU:686 (FICO N/C) *8-5-14*
Overall UTIL: 14% *Gardening Since: 1/20/16*
------------------------------------------------------------
Need to stay out of trouble.... Go Heels!!! ... GC Watchlist ( #1 since 12-12-13)
Message 2 of 8
myjourney
Super Contributor

Re: Does Sapphire report the credit limit? heard it doesn't??!!!


@yudeology101 wrote:

Yes it does.  It will show as "flexible spending limit" with the amount. 


+1 to reporting 

Before you app think...
Have you done your research of the CC?
Does it fit your spending?
Do you have a plan for the bonus w/o going into debt?
Can you afford the AF?
Do you know the cards benefits? Is it worth the HP?
Message 3 of 8
sham010379
New Contributor

Re: Does Sapphire report the credit limit? heard it doesn't??!!!

Thanks feel much better
Message 4 of 8
sarkell
Frequent Contributor

Re: Does Sapphire report the credit limit? heard it doesn't??!!!

it does report a limit it says flex spend next to it...

Cards: CSP $5k, Capital One Cash Rewards VS $3100, Discover it $3k Capital One MasterCard $600, Orchard Bank $3k, Barclays Rewards MC $1250 Gapcard $900, BR $300, Neiman Marcus $1k, Macys $1200 Walmart $500
In the garden until I can get a BCP

Starting Score: 534
Current Score: 682 EQ SW 660 TU 636 EX 3/26/13
Goal Score: 720


Take the myFICO Fitness Challenge
Message 5 of 8
k84
Valued Member

Re: Does Sapphire report the credit limit? heard it doesn't??!!!

Another +1 here.

 

Chase report it to EX, EQ and TU the same as any other card (limit included). On some reports it will show as a "Flexible Spending Credit Card" rather than just a "Credit Card" but that isn't important.


    FICO: EQ: 749 | EX: 754 | TU: 776    FAKO: EQ+: 728 | EX+: 728, EX CS: 787 | TU+: 737, TU CK: 754    Gardening until 1/31/2014
Message 6 of 8
sham010379
New Contributor

Re: Does Sapphire report the credit limit? heard it doesn't??!!!

thanks for the info?

Message 7 of 8
Anonymous
Not applicable

Re: Does Sapphire report the credit limit? heard it doesn't??!!!

Flexible spending credit cards are unique IMHO. That basically means you can actually charge 2x or more than your credit limit. I have $12,000 Southwest Premier flexible credit card and charged $33,000 once for my business and it went through. Although you cannot keep the balance above your credit limit and pay off little like you have higher credit limit. It won't allow you to charge that card again unless it is below the credit limit. It is good for high amount  tranactions usage if you are going to PIF. FYI

Message 8 of 8
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