Business Card Credit Score Penalty for High Utilization?
Feb 18, 2019, 4:03 pm
#1
Original Poster
Join Date: Aug 2001
Location: SFO
Programs: AC SE, AA EXP MM, UA Gold MM, Hyatt Glob, Marriott Titanium, HH Dia, IHG Plat
Posts: 4,777
Business Card Credit Score Penalty for High Utilization?
With personal cards, it's said to be wise to keep your credit limit utilization under 30% to avoid negatively impacting your credit score. Does a higher utilization on a Chase business card similarly affect your personal credit score, or no?
Thanks.....
Thanks.....
Feb 18, 2019, 4:12 pm
#2
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,954
Chase does not report any information about business accounts to consumer credit bureaus, not even the existence of the account -unless- you default. The only clue that an account might exist is the credit inquiry when you applied.
Feb 18, 2019, 5:08 pm
#3
Suspended
Join Date: Jan 2017
Location: EWR/PHL/BWI
Posts: 4,412
There are also a set of true business credit reporting if this is real business.