- Sep 9, 2020
So i know the that theres no credit utilisation reported like in the US and that only the credit limit is being reported. So what about the platinum charge card in Aus? Does the balance you owe get reported on statement or does it show up as $0. I’m thinking of reducing or canceling one of my high credit limit card to improve my credit score as it could be “potential debt”. Anyone know much about the charge cards and how it affects credit score?