Vermonster wrote:CarefulBuilder14 wrote:So where does the truth lie with that one? What balance/payment/utilization behavior other than PIF is Amex comfortable with?
From my experience, they care no more than any other issuer will.
Same here though there are the usual caveats with relying on anecdotal evidence to establish broad trends. I received my CLI's while carrying balances with them but never exceeded 30% and was probably much lower than that at the time.
Many tend to oversimplify and this is yet another example. It's not just the utilization on the specific account that matters but one's entire credit profile as well since the creditor is routinely SP'ing. The rest of my credit profile was in good shape even though I was adding new accounts at the time.
Kevin86475391 wrote:Everything I've ever read on the topic indicates that there IS a limit, they just don't tell you.
Of course there's a limit. No creditor will offer any person infinite credit. In my experience NPSL isn't a big deal. There's a tool to check to see if a large transaction will be approved if one wants that peace of mind. I've never even used it. Still, you have to use what works for you and if charge cards aren't your thing you don't have to use them. They can be useful for preventing spend from impacting revolving utilization which is especially handy for those that are frequently making charges that are quickly reimbursed but not everyone has such a need/want.
People tend to conflate NPSL and charge cards but there are NPSL credit cards as well. However, how they work and factor into revolving utilization is different. CarefulBuilder14 has a recent thread on this in the Visa/Mastercard subforum.
Kevin86475391 wrote:So I'd rather a regular credit card that I COULD carry a balance on if I wanted to without incurring the wrath or disappointment of the issuer.
You can carry a balance on AmEx charge cards. Probably not recommended but it is possible.
https://online.americanexpress.com/myca ... ayovertime
I know what you mean above about charge cards versus credit cards for carrying balances. However, not using a charge card doesn't mean that one is free from the reactions of a creditor when carrying a balance. Exceed what the creditor considers safe revolving utilization on a credit card or cards -- and/or raise other red flags -- and you can certainly face adverse action.