Back story follows after the point of this post.
I'm adding a good good friend of mine to my cashRewards card who is a Navy federal member. In the app, it asked to set the spending limit. I set the spending limit below the actual CL... does anyone know if the spending limit will be reported or the actual limit?
Backstory: My friend is a member of Navy Federal (re-activated membership today) and applied for Navy's secured card and was denied. Shocked us both. So I decided to add them to my cashRewards. Friend was looking for a 3rd card of their own. Has 2 Capital One's (Quicksilver $5k (started at $2k); Savor $300). My friend later applied for Paypal Mastercard instant approval $5k. Added me as an AU on that card.
edited: Denial of nRewards was due to unresolved internal issues w/ NFCU
It'll report the actual limit, IF it reports at all. I say that because I assume your friend doesn't have the same address as you, therefore the CRA's anti-abuse algorithms may trip up and not report their AU status at all.
@OmarGB9 wrote:It'll report the actual limit, IF it reports at all. I say that because I assume your friend doesn't have the same address as you, therefore the CRA's anti-abuse algorithms may trip up and not report their AU status at all.
Same address.
Yeah NFCU never even reported an AU for me... even when it was my kids.
@805orbust wrote:Yeah NFCU never even reported an AU for me... even when it was my kids.
Interesting. Time will tell. Off topic, but me as an AU on the PayPal Mastercard hit my report super fast.
@sznthescore wrote:
@OmarGB9 wrote:It'll report the actual limit, IF it reports at all. I say that because I assume your friend doesn't have the same address as you, therefore the CRA's anti-abuse algorithms may trip up and not report their AU status at all.
Same address.
Then I suppose it's hit or miss.