Valued Contributor
Posts: 3,096
Registered: ‎01-26-2012
Re: Credit score dropped opening new cards

BTW, you can use the cards as much as you want.  However if you want low reported utilization (which is what you want), you need to pay just before billing cycle ends (statement date) so it reports low balance to credit bureaus.  Ideal utilization for maximum FICO is 1 card that is reporting between 1-9% of total and card utilization and all other cards reporting 0.  You might want to do that one month and pull your score once it all reports just to see what your max fico can look like.