Do World MasterCard's report your credit limit?

Discuss the Visa & MasterCard payment networks as well as cards that operate through them.
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craigm1
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Do World MasterCard's report your credit limit?

Postby craigm1 » Mon Jun 04, 2012 11:16 am

Capital One World MasterCard - Does anybody have this card, does it report the credit limit on your credit report or is it similar to the visa signature cards????

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JMK
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Postby JMK » Mon Jun 04, 2012 12:25 pm

Not to derail, but how do the visa signatures report?
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craigm1
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credit limit

Postby craigm1 » Mon Jun 04, 2012 12:46 pm

No credit line is posted I have a Bank Of America Signature Visa with a 10k limit an it shows up as fsa account with no credit limit so It doesn't help the debt to credit ratio at all

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JMK
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Postby JMK » Mon Jun 04, 2012 3:36 pm

Hmmm, that's odd. Why would they not report a credit limit when one is issued on the card? I don't see how this would help anyone's credit score out. I am sure some of the Guru's will chime in soon.
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Ratfacedudeguy
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Postby Ratfacedudeguy » Mon Jun 04, 2012 4:12 pm

I've actually heard talk as of late that the Visa Signatures do report the credit line now, and I believe the World Mastercards do as well. It's a fairly recent switch from what I understand, and Bank of America is the only issuer now that hasn't jumped on the CL reporting bandwagon.
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CC Deville
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Postby CC Deville » Mon Jun 04, 2012 4:17 pm

Pretty much all the banks now report limits for World MasterCard and Visa Signature. Bank of America seems to be the only bank to still only report the high balance.

websteth
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Postby websteth » Mon Jun 04, 2012 7:02 pm

My World MasterCard reports the actual limit. If you read the fine print on the new spending limit thing, it says you can go over but, you have to pay it down to at least your limit at the next bill cycle or the card won't work.
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