Honestly I think its better to just let the statement cut for whatever amount and then PIF. Only for FICO purposes should you pay down and let the statement cut for utilization purposes. If you arent looking to get any type of installment loan, or apply for any CC's in the next month, it doesnt matter where the statement cuts.
For example, you could spend $499 out of your $500 limit, let it cut and just pay in full. Your utilization is 99% but what does that matter if you arent getting a loan or credit card?
I have also heard that high utilization will not give you a CLI with Chase, but who knows. if you got a starter limit like me, at 500, then high utilization is pretty much inevitable. you could pay it down before the statement cuts, but then it will show low utilization for the month, which in turn may suggest you dont need a CLI.
Sure, your card will look bad maxed out, but theyll see thatd you paid it in full..
AHH WHO KNOWS...Chase is complicated..
