- Centurion Member
- Posts: 167
- Joined: Sat Aug 17, 2013 1:01 pm
- Location: Fort Lauderdale, FL
For our Charge Cards, we report the *high balance* for [I think] the past 6 months as your credit limit in order to stop people from seeing 47,000% credit utilisation on their reports. There can be a delay in the high balance reporting if it's a new account. If you have your most recent credit report in hand, you can call the number on the back of your card and ask to be transferred to the Credit Bureau Unit and they can see exactly whether or not this drop is being caused by your Charge Card or not.
I am an employee of American Express. All posts are those of my own and do not reflect the actions or opinions of AXP. While all efforts are made to ensure accuracy in my posts, for official statements or responses, please consult with @AskAmex on Twitter or dial the number on the back of your card.