sweeper wrote:So basically i won't have a CL with a charge card?
What does that mean towards utilization?
correct. charge cards have no CL, but that doesn't mean you can put 50k on a nice luxury car on a random day (unless perhaps you have a amex centurion card or special circumstances on the plat). typically banks will monitor your usual spend and keep a threshold so you don't suddenly charge a lot of money and disappear.
utilization is basically the amount of debt you owe on your cards with respect to your overall credit limit. if your utilization is high, your score takes a hit. the balance on your charge card will not be counted towards utilization.