- Centurion Member
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- Joined: Mon Jan 02, 2012 1:21 am
- Location: Denver
cc21 wrote:I want to keep my utilization at or below 7% a month. Hypothetically, if I were to be approved for a Blue Cash card or a Blue Sky card with a $2,000 limit, 7% of that is $140. That means I could only charge $140/month.
If you want to keep your utilization down then it needs to be at 7% when it is reported to the agencies. It can be at 100% all month long, make that payment before it closes and is reported and you're fine.
Also keep in mind, that while American Express does not report authorized users to the agencies, they have their own record keeping and they know that snobrdr2324 still is an account holder/user and know that he has a history of paying on time with them. That is also factored into their decision making process. There are always exceptions to the rule.
All Zync cards are started with a set spending limit the first few months and then it later becomes a no preset spending limit.
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