A proposed account for building credit
A $100,000 credit line.
Only $12 a month
to spend.
The goal is better credit through lower credit utilization. The mYdiss Account would pair a large reported line with a small, permanent purchase limit. You cannot withdraw or spend the $100,000.
The benefit depends on the actual $100,000 line qualifying for revolving-credit utilization. That treatment is not yet verified. No score increase is guaranteed.
A qualifying membership would be required
The full statement balance is due monthly
The same account is intended for the long run
Why a large line with a small spending limit?
Because the percentage matters.
Credit utilization is the share of your eligible revolving credit limits that your reported balances use. A larger eligible limit with a small balance can make that percentage much lower.
Add an eligible line.
The design calls for the same $100,000 opening line for every member, regardless of credit score or history. It must represent real credit rights and be accurately reported.
Keep purchases small.
All purchases together stay capped at $12 each month. The goal is credit support with tightly limited new spending, rather than access to a large new borrowing balance.
Lower the ratio, if it counts.
If the full line qualifies, it increases the limits used in the calculation. Lower utilization can help credit scores, but the result for a person depends on their credit file and the scoring model.
See the potential difference
50% to 4.56% utilization.
Here is the math.
In this example, the existing $5,000 debt stays owed. Adding an eligible $100,000 line and a $12 balance changes the ratio. This is not a prediction of credit-score points.
Before adding mYdiss
If the full $100,000 line counts
$5,012 ÷ $110,000 × 100
The full line must qualify for this calculation. Reporting and scoring treatment of this exact account remain unverified.
Only the combined utilization calculation is illustrated. Each existing account keeps its own balance and utilization; no debt is erased. Other factors may affect your score. Bars stop at 100%, while numerical results can exceed 100%. Your entries stay on this page and are not stored or transmitted. Learn how FICO treats different account types.
The purpose behind the proposal
A little more
breathing room.
Working toward better credit can feel like trying to open a door from the wrong side. This idea starts with a simple question: could a membership-supported account make that door easier to reach?
The aim is to support members through their ongoing membership relationship, without relying on interest-bearing debt. Better credit is the ambition. Genuine credit rights, accurate reporting and tested scoring treatment are what must make it real.
Simple to understand. Important to keep.
The proposed account rules.
A qualifying membership is required.
This is intended as a membership benefit. Final dues, billing arrangements and participation by a membership provider still need agreement. The $12 purchase cap is not a confirmed membership price.
The issuer keeps the $12 cap in place.
It applies to aggregate purchases each month, even with a $100,000 line. Members cannot remove it. Paying early does not replenish that month's used allowance.
Pay the full monthly statement on time.
The full balance is due, not just a small minimum payment. At $100,000, qualifying payments retain the ceiling. A monthly purchase cap does not limit accumulated debt to $12.
Keep the same account.
The goal is an ongoing, lifetime membership-and-account relationship, without graduating into another card. It is not a guarantee of an unchanged line, fixed lifetime dues or unconditional account availability.
What happens after a missed payment?
The original rule cuts the current line in half. The debt stays owed. Purchases may continue when both the unused monthly allowance and reduced available line permit; the design does not impose an automatic first-miss freeze.
Paying late does not immediately restore the line. Future qualifying full, on-time payments would double the reduced line, up to $100,000. Late payments may also affect payment history.
The exact default, recovery and membership-continuity terms still require issuer and legal review. If debt uses all of the reduced line, another purchase cannot fit.
Straight answers
What you should know.
Is this an account I can open today?
No. It is a proposed credit-building account, not an available credit offer. There is no application or confirmed launch date. Membership-provider participation, issuance and the exact reporting and scoring treatment remain unresolved.
Why $100,000 if I can only spend $12 a month?
The two amounts serve different purposes. The proposed $100,000 line is intended to increase the eligible credit limits used to calculate utilization. The permanent $12 monthly cap limits new purchases. A real, enforceable credit commitment must support the reported line; displaying a large number alone would not achieve the goal.
Could this dramatically improve my credit score?
The intended utilization effect could be substantial if the full line qualifies, as the example shows. But a utilization percentage is not a credit score. No specific score gain can be promised, and this exact account has not been validated by an issuer, bureau or scoring provider.
Will it get me out of debt?
It does not repay, refinance or forgive existing debt, and it does not provide $100,000 to pay other creditors. Your existing repayment obligations remain. Improving a utilization ratio is different from reducing what you owe.
Does everyone start with the same line?
Yes, that is the proposed design: $100,000 for every member, without a credit-score or credit-history tier. Universal access is a requirement still to be verified, not a current promise of approval. The line can later change under the missed-payment rule.
Is the proposed membership $12 a month?
An annual $144 / monthly $12 arrangement is proposed, but the membership provider's actual terms, billing, benefits and funding have not been established for mYdiss. This page does not quote a confirmed membership price. The $12 purchase cap is a separate rule.
Does the name “account” make this revolving credit?
No. Its legal classification, actual credit rights, accurate reporting and scoring-model treatment must align. Requiring full monthly repayment while permanently restricting purchases is part of the exact design being evaluated. Payment-history-only reporting would not meet the objective.
What has to happen before launch?
An issuer must accept a genuine $100,000 commitment under these exact restrictions, with a lawful route to universal access. Reporting partners and the intended scoring models must accept and count the actual line. Qualifying membership, funding and consumer protections must also be agreed. A successful calculation is not product approval.
mYdiss account