What are your current FICO scores?
It would be best to keep your utilization under 29%. Once your limits grow higher, you won't have to worry about that or micromanaging payments.
AZEO is unnessary unless your scores are below average.
I have allowed up to 18 of my CCs to report in a given month. It hasn't affected my scores much, if at all. It sure hasn't caused Chase to run me down. lol
I will also encourage you to look at lenders outside of Chase for growth. You have plenty to choose from that will grow very fast. Amex being one of them. I find them much easier to work with as a whole.
@Anonymous wrote:
True FICO score are:
Ex 717
Tu 745
EQ 749
These are prior to the new cards reporting. My AAoA is 6 years with my longest account is ten years.
My overal revolver limit is $37,400 so 28% of that would be $10,400. But if it gets that high the util on individual cards would be higher.
You have great scores!!
Your AAoA is more than double of mine. I've had 9 new cards to report since July of this year and two more that will report next month.
My current scores are close to what they are in my signature. Some of them are a little higher now.
Just use your cards and pay them. Try not to worry about which CC's report and which ones don't . I'm proof, none of that matters.
These banks want people that use their CC's. Not those that put them on a mantle to admire.
I'd grab some Amex Business cards in your position. They won't affect your Chase apps. And in most cases they can be had on a SP. If you're already a member.
Op, you mentioned being in the garden, and that is always a good time to sit back and evaluate things. If you are disciplined enough to stay in the garden for the time you chose, it also keeps you from making impulse decisions. Getting a plan together is smart and never hurts.
A few pointers -
- I generally let a balance report on several of my cards. My UTI hovers between 2-3% but my TCL is 6x-7x of yours so the impact is less. I've had it go up to 5-7% and had no impact so I wouldn't worry too much about the balance side. (Just don't go hitting 100%). Balance goes up and down and the impact is dynamic, so once it's paid, the scores recover.
- Payment wise - I simply make payments every 2 weeks. That's my baseline, if I need to make a payment earlier, I'll do that, otherwise, I keep it simple and easy - every 2 weeks. I also have auto-pay on so that it automatically takes the MP + extra anyway. Most of the time, my balance either gets zero'd out or is relatively low. Rinse, repeat, recycle monthly.
- It definitely would be a good time to garden.
- When time comes - Amex is a great lender - definitely agree on the Gold/Platinum, but get one, both would be $800 in AFs so unless that can be justified, I'd get one. See whichever works for you best.
- Make sure your income is up-to-date in Chase, that plays a factor in CLIs (auto).
You've done great so far on your journey. Keep it up!
- I generally let a balance report on several of my cards. My UTI hovers between 2-3% but my TCL is 6x-7x of yours so the impact is less. I've had it go up to 5-7% and had no impact so I wouldn't worry too much about the balance side. (Just don't go hitting 100%). Balance goes up and down and the impact is dynamic, so once it's paid, the scores recover.
- Payment wise - I simply make payments every 2 weeks. That's my baseline, if I need to make a payment earlier, I'll do that, otherwise, I keep it simple and easy - every 2 weeks. I also have auto-pay on so that it automatically takes the MP + extra anyway. Most of the time, my balance either gets zero'd out or is relatively low. Rinse, repeat, recycle monthly.
- It definitely would be a good time to garden.
- When time comes - Amex is a great lender - definitely agree on the Gold/Platinum, but get one, both would be $800 in AFs so unless that can be justified, I'd get one. See whichever works for you best.
- Make sure your income is up-to-date in Chase, that plays a factor in CLIs (auto).
You've done great so far on your journey. Keep it up!
