My EQ Fico 8 bankcard score went from 886 to 892 dropping from 4 of 7 (loan, AU card and two personal cards) reporting balances to 3 of 7 (loan, AU card and one personal card) reporting balances. The too many accounts with balances was listed as the #1 reason statement when 4 accounts were reporting. [Citi only lists 2 reason statements on their Fico summary] Did not check reason statements when # accounts reporting dropped to 3.
@Anonymouswrote:My 4 are:
1 - Time since most recent account opening is too short
2 - Length of time revolving accounts have been established
3 - Too many inquiries in the last 12 months
4 - Too many accounts with balances
I know that the first 3 can have an adverse impact on my score (specific to my profile) but I don't believe the "too many account with balances" is impacting my score at all. Even though I'm at 4 of 10 accounts now, I've been at 3 of 10 before and as I stated in the original post will be at 2 of 9 in about a week once a few things update on my report. I suppose then that a negative reason statement can exist without having any adverse impact to score.
Good. The first three are a variation on the theme that you have new accounts. I suspect you will have a hard time shaking the “Too Many Accounts” reason because your balances are already low.
An interesting change would be to let a small limit card report 30% and see where a utilization Reason code lands in here.
Another is if you stop apping for a full 12 months, see if some of the other three drop, and what replaces them.
@NRB525Good. The first three are a variation on the theme that you have new accounts. I suspect you will have a hard time shaking the “Too Many Accounts” reason because your balances are already low.
An interesting change would be to let a small limit card report 30% and see where a utilization Reason code lands in here.
Another is if you stop apping for a full 12 months, see if some of the other three drop, and what replaces them.
In 6 weeks my AoYA will cross the 1 year mark and my inquiries will become unscoreable, so I hope to see all of the first 3 reason statements go away. I also hope for my first shot at a 850 score 
As far as utilization, my 2 revolvers with reported balances are at 26% and 7% (aggregate 4%). That data can be paired with my reason statements referenced above. My 7% util revolver will be reporting $0 by this time next week, leaving me with the one card at 26% reported (aggregate 2%). Then, the following week, my 26% utilization card will be reporting a balance likely in the 56%-61% utilization range as far as I can tell; it will definitely fall somewhere in that 48.9%-68.9% range. Aggregate utilization will be 5% when that happens. I've never rocked AZEO with the AZEO card being at 50%+ utilization, so this will be interesting for me. I am curious if I do get any different reason statements here and definitely if the too many accounts with balances goes away with just 1 revolver and 1 installment loan (2 of 8 accounts) with balances reported.
Ok, that changes the discussion yet again. You will probably continue to see “Too Many Accounts With Balances”, because nothing else aside from maybe a high balance note, is likely after those new accounts age a year. You won’t have enough other Reasons to push this one off.
Your original question should be: For anyone over 800, approaching 850, did you ever get away from the “Too Many Accounts With Balances” message while any messages were displayed? At 850 I believe all Reason Codes drop.
Others below 800 are going to be more likely to get other Reason Codes that will crowd out “Too Many Accounts”. They are not in your score class, not comparable.
Congrats on getting so so close to 850