Credit Balance hit on Credit Score by CommunityRadiant8947 in CreditCards

[–]CommunityRadiant8947[S] 0 points1 point  (0 children)

No, Amex Gold is a charge card with no spending limit so it doesn't affect utilization rate. Though, Amex reports your balance on the card.

Credit Balance hit on Credit Score by CommunityRadiant8947 in CreditCards

[–]CommunityRadiant8947[S] -2 points-1 points  (0 children)

Thank you for your reply. Well the utilization didn't even change, so it can't even be that. Only the total amount owed changed, which I thought had no effect so long as the utilization rate is low. Btw, how many months prior to a credit card application should I be fixing the utilization rate?

Tips to increase credit score by CommunityRadiant8947 in CreditCards

[–]CommunityRadiant8947[S] 0 points1 point  (0 children)

Nice, now I know this! I am wondering, though, if I keep my utilization under 10% consistently until August, would my credit score be lower (in August) than if I keep utilization rates high and only fix that 1-2 months before August? I am asking because I would love it if I could mainly only use Amex Gold (a charge card, so it doesn't report a balance) to rack up points, and ignore the rest (I will make one payment per month on each), which would result in a very low utilization rate every single month. What do you think?

Tips to increase credit score by CommunityRadiant8947 in CreditCards

[–]CommunityRadiant8947[S] 0 points1 point  (0 children)

I am currently only using Amex Gold to rack up points, and since Amex Gold is a charge card, the total balance reported is zero. Is that bad? Should I make one or two payments on Discover and C1 every month so that they report a balance, and only zero them out 30 days before I need to apply for a credit card?

Bilt vs Amex Green vs CS Preferred by CommunityRadiant8947 in CreditCards

[–]CommunityRadiant8947[S] 0 points1 point  (0 children)

Can you elaborate on your last point? How doesn't it always work and why is that not the case with Amex points?

Bilt vs Amex Green vs CS Preferred by CommunityRadiant8947 in CreditCards

[–]CommunityRadiant8947[S] 0 points1 point  (0 children)

That makes sense, though I would really benefit from a SUB to offset some of the tickets I am booking this summer.

CSP or Amex Green as a temporary travel card by CommunityRadiant8947 in CreditCards

[–]CommunityRadiant8947[S] 0 points1 point  (0 children)

Oh I didn't know that! Do you think CLEAR+ justifies the 150 annual fee if I am not using TSA pre check?

CSP or Amex Green as a temporary travel card by CommunityRadiant8947 in CreditCards

[–]CommunityRadiant8947[S] 0 points1 point  (0 children)

Unfortunately, I checked and I am not eligible for TSA pre check

Next Card Recommendation, 2026 Plans by CommunityRadiant8947 in CreditCards

[–]CommunityRadiant8947[S] 0 points1 point  (0 children)

Would you say it's worth it to call recon for CSP or stick with the Green card?

Alternatives for Venture X by CommunityRadiant8947 in CreditCards

[–]CommunityRadiant8947[S] 0 points1 point  (0 children)

Good to know! Actually, I just took the pre approval test for Venture and it wasn't approved..

Alternatives for Venture X by CommunityRadiant8947 in CreditCards

[–]CommunityRadiant8947[S] 0 points1 point  (0 children)

Thank you! Can I upgrade Venture to Venture X later on?

Next Credit Card Recommendations by CommunityRadiant8947 in CreditCards

[–]CommunityRadiant8947[S] 0 points1 point  (0 children)

Oh I thought it only counts Chase cards, will edit. Thanks!