Over worrying about AA?

[takeshi74]

---

@Anonymous wrote:

My worry is thay my Amex util is about 40% when the statement cuts and I'm owrried about spooking Chase about this. I have charged upwards to $5,000 on my CSP and Ritz up to $3,000 and paid it off the next day after the statement cuts so I'm hoping that such a high balance will not spook them, but am I over thinking this?

---

I don't think you're overthinking it but worrying a bit too much.  40% on one card for a short period with your other cards at much lower utilization probably isn't a big deal but I'm not Chase and can't guarantee anything.

---

@Anonymous wrote:

Sorry to clarify, I'm mostly worried about AA from Chase as that's the bank I see the most amount of postings from with regards to AA and CLDs.

---

Always be careful assuming trends from forum posts.  You really have to understand the nature of discussion forums and how that skews the data.

[Anonymous]

---

@takeshi74 wrote:

---

@Anonymous wrote:

My worry is thay my Amex util is about 40% when the statement cuts and I'm owrried about spooking Chase about this. I have charged upwards to $5,000 on my CSP and Ritz up to $3,000 and paid it off the next day after the statement cuts so I'm hoping that such a high balance will not spook them, but am I over thinking this?

---

I don't think you're overthinking it but worrying a bit too much.  40% on one card for a short period with your other cards at much lower utilization probably isn't a big deal but I'm not Chase and can't guarantee anything.

---

@Anonymous wrote:

Sorry to clarify, I'm mostly worried about AA from Chase as that's the bank I see the most amount of postings from with regards to AA and CLDs.

---

Always be careful assuming trends from forum posts.  You really have to understand the nature of discussion forums and how that skews the data.

---

My first statements with CSP, RC showed over 60% utilization and were promptly paid in full. Also, the wife has been carrying a BT on her Freedom for 8 months that initially took up 80% of the limit. It is down to less than 10% now but nonetheless no AA. In fact got approvals for two new cards since.

[kdm31091]

I think you are overworrying. Yes the 1-9% on one card is best for scoring. However that doesn't mean above that will get you AA

Unless you are running like 80 percent until on your cards every month, stop worrying. Credit cards are DESIGNED for balance carrying.

[ddemari]

Looking at your post, I would say you are fine. I spent sometime fearing AA from a lot of accounts opened in a year and when I say a lot we are talking about 10+ accounts. 

I experienced my first AA taken on me the other day with Barclays. They cld me for having too many cards and claimed their was a derog on my credit report. I told the girl, that is not true and my fico is 750. She said ya your right but sorry. So I told her well thanks for putting little effort forth in actually looking over my credit report and just being a non-helpful robot and contacted their EO. 

You will not see AA taken against you unless you open lots of accounts and run them to limit. but ymnv

[Anonymous]

I let an account ride with 80% utilization for well over five years and was never hit with AA. This was before I knew a lick about a credit score or even what AA was, for what it's worth.

[ddemari]

I was for the most part of 2014 mircomanaging CC's and paying before statement cuts and not using the cards until the next statement so I could have all accounts reporting zero expect one. Well that got to be time consuming and something I was going to do forever, so i decided to just let my cards report but still pif.

Well 2 months later I got AA from Barclays but it was not because of that. 

[NRB525]

---

@ddemari wrote:

I was for the most part of 2014 mircomanaging CC's and paying before statement cuts and not using the cards until the next statement so I could have all accounts reporting zero expect one. Well that got to be time consuming and something I was going to do forever, so i decided to just let my cards report but still pif.

Well 2 months later I got AA from Barclays but it was not because of that. 

---

What do you think triggered the AA?

[ddemari]

They said because i opened too many accounts within one year. Even though my fico score is 750 im too risky to them with a lot of new cards and available credit.

[ddemari]

And by too many i opened 12. Which ya is alot by any means.

[NRB525]

---

@ddemari wrote:
And by too many i opened 12. Which ya is alot by any means.

---

Ok, sorry to hear that. I haven't had a Barclays card, but from some other comments here, they do seem to not like it when the cardholder piles on a lot of other cards after theirs.