How does World MasterCard’s no preset limit report to credit bureaus?

Discuss the Visa & MasterCard payment networks as well as cards that operate through them.
3 posts
m20e3087
Centurion Member
Centurion Member
 
Posts: 131
Joined: Sun Oct 30, 2011 6:06 pm
Location: NC

How does World MasterCard’s no preset limit report to credit bureaus?

Postby m20e3087 » Tue Nov 01, 2011 10:21 pm

How does a World MasterCard reported to credit agencies? Will it show up as revolving or open as it appear with AMX charge card?
American Express: Blue Cash Everyday & Platinum

Visa Signature: BankAmericard Travel Rewards, Chase Freedom Unlimited, & Chase Sapphire

Visa Infinite: Chase Sapphire Reserve


CC Deville
Centurion Member
Centurion Member
 
Posts: 1067
Joined: Thu Aug 04, 2011 7:07 pm
Location: Phoenix

Postby CC Deville » Wed Nov 02, 2011 5:47 pm

It depends on the issuer. I can tell you that Citibank DOES report the credit limit on World MasterCards and they report it as Revolving. Chase and Bank of America DO NOT report the limit on World MasterCards (Chase reports as Open and BofA reports as Revolving even though no limit is reported).

I can't speak for other issuers but I believe Barclay's and Capital One also report their World MasterCards as R1 with a credit line. I am not 100% sure about these two banks though.

m20e3087
Centurion Member
Centurion Member
 
Posts: 131
Joined: Sun Oct 30, 2011 6:06 pm
Location: NC

Postby m20e3087 » Thu Nov 03, 2011 7:19 am

Thanks I got Citi..
American Express: Blue Cash Everyday & Platinum

Visa Signature: BankAmericard Travel Rewards, Chase Freedom Unlimited, & Chase Sapphire

Visa Infinite: Chase Sapphire Reserve



Return to “Visa & MasterCard”

Who is online

Users browsing this forum: No registered users and 2 guests