Just curious...first Savor One report

[doredeb]

I opened a Savor One in January and it just reported to the CB's for the first time.  I noticed that while my other cards say "credit card" on my reports, the Savor One is listed as a "flexible spending credit card."  Has anyone else noticed this designation...and what's the difference?  Just curious.

[seattletravels]

There are 2 types if flex spending cards.  The first is what we usually refer to as NPSL, charge cards like Amex Platinum, Gold, Green, etc. The second are standard revolvers where the card issuer will actually allow you to go over your limit, essentially a soft credit limit. 

I would take them reporting their Savor One as a flex account to mean that they'll allow charges over the limit. What is unclear to me is if there is a ut% impact with it reporting this way. 

[Remedios]

Scoring impact is same as any other maxed out card

There are no exemptions from scoring penalty just because card may be Visa Infinite or Mastercard World Elite

It's dog and pony show, really. 

[FireMedic1]

If you happen to go over the limit. The amount that did go over has to be paid on the next statement date. But dont go there as it will be listed as maxed out as others have noted.

[Anonymous]

---

@doredeb wrote:

I opened a Savor One in January and it just reported to the CB's for the first time.  I noticed that while my other cards say "credit card" on my reports, the Savor One is listed as a "flexible spending credit card."  Has anyone else noticed this designation...and what's the difference?  Just curious.

---

Just for clarification, the Savor One is not a credit step card correct?

[doredeb]

---

@Anonymous wrote:

---

@doredeb wrote:

I opened a Savor One in January and it just reported to the CB's for the first time.  I noticed that while my other cards say "credit card" on my reports, the Savor One is listed as a "flexible spending credit card."  Has anyone else noticed this designation...and what's the difference?  Just curious.

---

Just for clarification, the Savor One is not a credit step card correct?

---

No, it is not.  Apped on the Capital One site after being pre-qualed, very generous CL.

---

[DaveInAZ]

---

@doredeb wrote:

---

@Anonymous wrote:

---

@doredeb wrote:

I opened a Savor One in January and it just reported to the CB's for the first time.  I noticed that while my other cards say "credit card" on my reports, the Savor One is listed as a "flexible spending credit card."  Has anyone else noticed this designation...and what's the difference?  Just curious.

---

Just for clarification, the Savor One is not a credit step card correct?

---

No, it is not.  Apped on the Capital One site after being pre-qualed, very generous CL.

---

---

Hmmm, I never noticed this before. I have Cap One Quicksilver, Savor One, Walmart store card (transferred from Synchrony), and Spark One biz card. Credit Karma says Spark is a business card, Walmart is a "charge card", and QS & Savor One are Flexible spending credit cards. They all work like "regular" credit cards for me with set CL and interest grace periods when paid in full monthly. Likely just weirdness on Cap One's part on how they classify their cards.

[Anonymous]

---

@DaveInAZ wrote:

---

@doredeb wrote:

---

@Anonymous wrote:

---

@doredeb wrote:

I opened a Savor One in January and it just reported to the CB's for the first time.  I noticed that while my other cards say "credit card" on my reports, the Savor One is listed as a "flexible spending credit card."  Has anyone else noticed this designation...and what's the difference?  Just curious.

---

Just for clarification, the Savor One is not a credit step card correct?

---

No, it is not.  Apped on the Capital One site after being pre-qualed, very generous CL.

---

---

Hmmm, I never noticed this before. I have Cap One Quicksilver, Savor One, Walmart store card (transferred from Synchrony), and Spark One biz card. Credit Karma says Spark is a business card, Walmart is a "charge card", and QS & Savor One are Flexible spending credit cards. They all work like "regular" credit cards for me with set CL and interest grace periods when paid in full monthly. Likely just weirdness on Cap One's part on how they classify their cards.

---

Yeah CapOne probably has their reasons, I get the idea behind a charge card vs credit. Charge card allows you to spend as much but you have to pay in full at due date meanwhile the credit card allows you to pay balance off with interest over time. I am unsure of the Flexible Spending classification.

Sidenote: I tried imgur for the credit cards in the signature, how did you get yours to display?