FlyerTalk Forums - View Single Post - Having charge card AMEX Canada not good for your credit score?
Old Jun 11, 2015, 7:53 pm
  #2  
1011TriStar
 
Join Date: Nov 2012
Programs: SPG Gold, Aeroplan, Hilton Honors, Le Club Accor Platinum
Posts: 268
If you pay it off before the statement, you avoid this problem. There are many many factors to your score. I pay some of my charge cards after the statement and my score is still high. The high limit will change if you spend more than $661. Your score also drops when new accounts are open, it should go up again after a few months. I would not worry about it.
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