I personally use 100% of available credit for 0% apr offers. I don't care about credit score in UTL cases because once they are paid back my score rebounds. During the time when I take advantage of a 0% apr offer I will be denied for all credit because score will drop too much. It is only temporary. I think the opposite. I think that it shows that you can handle large amounts of credit, use it and pay it back with out being late. It has never hurt me as far as history. The lenders will always see High Credit limit and maybe date of last high credit. So if you max, they should know when and how high. I max every opportunity at 0% apr.
Your method is tried and true if you are not in the market for seeking new credit. I also near-max but never over 90% on good BTs. I dont go over 910 simply because I don't want to take the chance that a nother lender may perceive that score drop as financial trouble.
Also EX keeps historical data on bal/payments.Where?
I have a card with an initial CL of $10k. I advanced $6k. After a few months, the bank automatically increased my CL to $12k. So my report shows only that my high balance was $6k and my limit is $12k.If I pulled my score today, it would certainly be affected by one card with a util just under 50% (I've been making the monthly payments). But the score wouldn't show that my util was ever 60%, and I don't see where a manual review performed today would show that my initial CL was $10k. It would show only that the CL is $12k and my balance has been declining slowly from $6k. Please let me know if I'm missing something.
No you're not missing anything and it really doesn't matter a whole lot. todays new credit is issued simply on an auto-socre generatede approval or decline in most cases. Period. If the historical limits are stil lshowing on bank gemrated reposrts, someone could pull your report for a boderline eyeballing and do the math for the month that the balnce was 6K and the limit was 10. Most won't bother t go that far into detail with it.Once your limit increased, your utilization decreased and your score should have reflected that. cant eyeball in 60 seconds or less