Credit Cards

[kalv]

Hey everyone. I applied for a Macy's store card back in December '08 and was approved with a limit of $100. (I had no prior history except a 1 month old Citi mtvU card then.) I just hit my third month today and requested a CLI and was upped to a $200 limit.

Anyways, since I've had my card, I have been making a small purchase every month and paying it off in full before the reporting date.

What do you think would work better, 1) purchase something, let the balance report and then pay in full or 2) purchase something, pay it off in full before the reporting date and let it report a $0 balance?

Thanks!!

[llecs]

Score-wise, it is likely better to let it report $0. Per future CLIs, probably doesn't matter so as long as it is paid monthly.

[Creditaddict]

the more you use the card the bigger the CL will be in future. so if you charged like $600 a month to the card, obviously you would have to make MANY payments to be able to do that, but it will get you a much bigger CLI in 3 months