I have a Blue by AMEX with a credit limit of $3000, and just added an additional user to my card. I've set a spending limit of $200 on their card. If they hit it, will it be reflected poorly on my credit, or would that not count since, I'm not hitting the $3000 overall credit card max. Just curious thanks so much!
P.S. Just in case I didn't phrase it correctly here's an example. They hit their $200 limit and I use $700. My monthly statement would be $900. But since they hit their limit would it be bad for our credit scores?
No, as far as your credit score is concerned all that matters is what percent of your limit you are using. Your limit is 3000 and you are using 900 of that and that is all that your report will show.
So you are good. In terms of your authorized user, I don't know. I did that but it was on a charge that didn't report a limit. I don't know whether Amex reports their limit as 3k also or the 200 you set for them as I have no experience with this. But you are good in any case.