Best Utilization % to have before Spree ??

[youngman1234]

What is the best Utilization or best amount of balance to show on credit report before applying.

I will most likely have 2 account reporting balance one visa sig/flex spending for 5-6k and the other my Amex plat for 5k. That will leave me with a percentage of 4-5%. But still is that too high of a balance to have when applying for new cards ??

[youngman1234]

I am aware my Amex balance doesn't get included in ulti calculation

[lhcole77]

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@youngman1234 wrote:
I am aware my Amex balance doesn't get included in ulti calculation

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Coventional wisdom on here says to have only one card reporting a balance of < 9% UTL and all other cards reporting at $0 before a spree

[myjourney]

All my apps have been carrying UTL @ 1-2% YMMV

So far no denials

[lhcole77]

I've also read success stories from those who had overall UTL < 9% and carrying balances on more than one card.

[JonStur]

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@youngman1234 wrote:
What is the best Utilization or best amount of balance to show on credit report before applying.

I will most likely have 2 account reporting balance one visa sig/flex spending for 5-6k and the other my Amex plat for 5k. That will leave me with a percentage of 4-5%. But still is that too high of a balance to have when applying for new cards ??

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@I was approved for the Costco AMEX and my util is @ 38% because I carry balances during the summer, not to mention this ends a 7/7 app spree over the last two months. While I don't advise this for everyone, I also think credit profile plays a large part. And from the history of your posts, I don't foresee any difficulties for you.