3 Point drop for Utilizing 11% of Available Credit

[Antredd]

Here's a data point for you all monitoring your FICO scores, and you have very utilization at 8%.

I lost 3 points for making a charge on my AMEX that is only utilizing 11% of my available credit on this card.

My over all utilization on all of my cards is at 8 %. I will see will I regain those 3 points when I pay the balance off before my Amex's next posting date.

[Zoostation1]

Was that card reporting a balance on the previous statement?  If it was reporting a balance on the last statement, increasing to any value below 28.9% will have no impact on your score.  If that card wasn't reporting a balance, how many cards were reporting a balance relative to your total number of cards? Maybe one more card reporting pushed you above a threshild on that?  I have fewer cards but I lose a few points for 4/6 reporting vs 3/6 reporting (crossing above 50% of cards reporting hurts scores). 

[FicoMike0]

As @Zoostation1  pointed out, we really need more info to interpret that data. Do you know each score, tu, ex, eq. ? Are they fico8? Is the amex a credit or charge card?

[SouthJamaica]

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@Antredd wrote:

Here's a data point for you all monitoring your FICO scores, and you have very utilization at 8%.

I lost 3 points for making a charge on my AMEX that is only utilizing 11% of my available credit on this card.

My over all utilization on all of my cards is at 8 %. I will see will I regain those 3 points when I pay the balance off before my Amex's next posting date.

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How can you be sure that this small point drop is caused by that charge? Are you getting daily updates of the report and of the score?

[Thomas_Thumb]

Yeppers.

Verify root cause. The forums are fraught with unsubstantiated conclusions associated with tying trigger events to a score change.