Here is what is normally recommended to NOT use:
Store cards
Credit union cards
Cards issued by Chase
Cards issued by Synchrony
Store cards and CU cards are not recommended due to the unpredictable nature of them sometimes not counting and causing the all zero penalty, sometimes they can still work, however. Chase is not recommended because every time they pay in full they will report mid-cycle at a $0 balance so that can definitely throw a wrench in AZEO very quickly. SYNB can off cycle report just because they feel like it that day and cause your reported balance to jump around with whatever current charges you have on that TL. You will want to use a regular revolving card issued by a major national bank for best results.
If it were me with your current card lineup, my vote is the AMEX. I always use my BPC when I go AZEO and it works like a champ.
@Anonymous wrote:Good Afternoon,
I've kept a $0 balance reporting on my credit cards for the past few years. Working on getting some much needed points. Question is, does it matter what card I keep a balance for utilization on for the Azeo Method? Any suggestions?
Here's what cards I have:
ExxonMobil Gas Card
Opened May 2011
CL $200
Balance-$0
Discover It Secured-(Graduated 11/2020)
Opened May 2016
CL $4,200
Bal $1.75
AMEX Delta Gold
Opened 3/2021
CL $1000
Bal $0
I did close 2 CapOne cards last week. Both $500 limits, no lates, etc. Opened 07/2018. Wanted to trim the fat per say, only reason I closed them, and since I recently received the AMEX Delta.
Any AZEO tips will be greatly appreciated. Thanks in advance.
You don't need to keep a balance, just need to let it report before you pay it off.
Either the Amex or the Discover IT will suffice.
Hey @SouthJamaica , I didn't notice that OP had stated that their Disco had graduated to unsecured until after I reread the original post, which brings me to a question: Does using a secured card work just as well when practicing AZEO? I can't remember reading about that before and wasn't sure of the correct answer. Figured you would know that one.
@Ficoproblems247 wrote:Hey @SouthJamaica , I didn't notice that OP had stated that their Disco had graduated to unsecured until after I reread the original post, which brings me to a question: Does using a secured card work just as well when practicing AZEO? I can't remember reading about that before and wasn't sure of the correct answer. Figured you would know that one.
A secured card is no different than an unsecured card in any FICO algorithm.