The reason your Amex card is not reporting is likely that it is a Charge card. Amex primarily pulls Experian credit reports. Knowing when Amex reports to credit bureaus can be crucial for managing your credit score. Amex typically reports your credit activity once a month.
Managing Credit Information on Your Amex Card
For an Amex card to be good for your score, the account must be kept in good standing with on-time monthly payments. It’s important to understand how AMEX/DSNB appears on your credit report and how to address any issues.
Checking and Improving Credit Information
Here are some reasons why your credit report might have incorrect or missing information. If you haven’t applied for credit through AMEX/DSNB but see them on your report, it could be from a soft inquiry. Soft inquiries don’t impact your credit score.
American Express does count towards your credit score. Each consumer is entitled to at least one free credit report per year from each of the three major agencies. Make sure to understand how your credit utilization and payment history can impact your credit score.
Applying for and Understanding American Express Cards
While there is no set score needed, it’s recommended to have a credit score of at least 720, 2 years of clean credit history, and an income of at least $50,000 per year to apply for the Amex Platinum card. It’s important to understand how credit assessment works when applying for an American Express card.