cancel
Showing results for 
Search instead for 
Did you mean: 

CC Utilization

tag
Anonymous
Not applicable

CC Utilization

I recently applied for and got approved for the following cards:
 
Am Ex Delta Skymiles - CL $1000
Hooters Card - CL $1000
Carnival Cruise/Barclays - CL $500
 
My question:  should I charge a small amount to each of these (less than 8%) or keep the balance at zero to maximize my score?
 
I realize that it will take a while being a new account, but I'm just trying to figure out the best way to use them.
 
Thanks!
Message 1 of 2
1 REPLY 1
fused
Moderator Emeritus

Re: CC Utilization



HeidiBoo wrote:
I recently applied for and got approved for the following cards:
 
Am Ex Delta Skymiles - CL $1000
Hooters Card - CL $1000
Carnival Cruise/Barclays - CL $500
 
My question:  should I charge a small amount to each of these (less than 8%) or keep the balance at zero to maximize my score?
 
I realize that it will take a while being a new account, but I'm just trying to figure out the best way to use them.
 
Thanks!


Congrats! For max FICO points you should have all three CCs reporting 1-9% util.
Message 2 of 2
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.