https://ficoforums.myfico.com/t5/Credit-Cards/New-card-question/m-p/3158120#M885659 <P>My util now is at about 17 percent or so. if my math is correct the two new limits should lower it to right about 9-10 percent.&nbsp;</P> Mon, 09 Jun 2014 04:45:13 GMT spartantx117 2014-06-09T04:45:13Z https://ficoforums.myfico.com/t5/Credit-Cards/New-card-question/m-p/3158100#M885651 <P>Yesterday my Cap One card got a increase from 2000 to 4000 I decided to apply for a Chase Freedom card tonight and got a starting limit of 9000 my overall utilization was at 17 percent before the increase and Freedom card.&nbsp;</P><P>&nbsp;</P><P>My question is I wanted to apply for a Home Depot card and a Lowes card for the 5 percent off I shop at both a lot (I was told if you have a Lowes card and show it at HD they will match the 5% Lowes gives you) would it be smart to wait for my Chase and Cap One to show on my report to lower my overall util? Or should I just go ahead and apply?&nbsp;</P> Mon, 09 Jun 2014 04:33:43 GMT https://ficoforums.myfico.com/t5/Credit-Cards/New-card-question/m-p/3158100#M885651 spartantx117 2014-06-09T04:33:43Z https://ficoforums.myfico.com/t5/Credit-Cards/New-card-question/m-p/3158112#M885655 <P>Well if your util is low you could apply now. However once both cards report it should lower even more since you have more available credit. For best results wait for both report.&nbsp;</P> Mon, 09 Jun 2014 04:37:49 GMT https://ficoforums.myfico.com/t5/Credit-Cards/New-card-question/m-p/3158112#M885655 Skye12329 2014-06-09T04:37:49Z https://ficoforums.myfico.com/t5/Credit-Cards/New-card-question/m-p/3158120#M885659 <P>My util now is at about 17 percent or so. if my math is correct the two new limits should lower it to right about 9-10 percent.&nbsp;</P> Mon, 09 Jun 2014 04:45:13 GMT https://ficoforums.myfico.com/t5/Credit-Cards/New-card-question/m-p/3158120#M885659 spartantx117 2014-06-09T04:45:13Z