Ritz Carlton reporting

aav · ‎03-12-2015

the ritzCarlton card I got about a month ago is now reporting.. But for some reason with equifax it is reporting as a "flexible spending credit card". Ex has the CL right, but TU hasn't weighed in. Will EQ fix itself over time with more reporting? This alert dinged my score 10 points.

EQ - 834 TU - 823 EX - 822
Amex NPSL Amex BCP - 25,000, Amex EDC - 12000, Diner's Club Premier -35,000, Ritz Carlton - 22,500 Discover 25,100, Chase Reserve -31,000 Total Rewards 13200, Barclay 10000 Citi Diamond P 8,900

CreditCuriosity · ‎03-12-2015

It is a flexible spending card, it is reporting correctly.. Meaning you can go over your limit by some unknown amount if needed.. The ding is from the new account most likely not the comment. Your score will recover soon enough.

NRB525 · ‎03-12-2015

EX and EQ and TU all report differently:

EX displays the CL on first reporting, then shows utilization percentage with the card, along with open balance in subsequent months.

EQ only shows the open balance, no reference to the CL in these alerts.

TU only shows "All Bankcards" so you won't see the CL in TU or EQ. TU can show "Factors impacting score" due to higher balances, but it never calls out specific accounts.

+1 to "the new account is the -10". It's the price you pay for being at 800 and opening a new CC

High Bal Jan 2009 $116k on $146k limits 80% Util.
Oct 2014 $46k on $127k 36% util EQ 722 TU 727 EX 727
April 2018 $18k on $344k 5% util EQ 806 TU 810 EX 812
Jan 2019 $7.6k on $360k EQ 832 TU 839 EX 831
March 2021 $33k on $312k EQ 796 TU 798 EX 801
May 2021 Paid all Installments and Mortgages, one new Mortgage EQ 761 TY 774 EX 777
April 2022 EQ=811 TU=807 EX=805 - TU VS 3.0 765

Anonymous · ‎03-12-2015

@CreditCuriousity wrote:
It is a flexible spending card, it is reporting correctly.. Meaning you can go over your limit by some unknown amount if needed.. The ding is from the new account most likely not the comment. Your score will recover soon enough.

+1..