Discover tends to like lots of usage and paid in full, as long as you pay it when it posts (or push the payments from your checking), I don’t see it being a big problem as long as they don’t cut a statement with that utilization. Even then, $500 is a very low limit and they likely have some degree of tolerance for people who max out these lines as long as the payment comes swiftly.
Heres the short background
Discover it opened nov 7th
Limit of 500.
Credit score when opened 630
Credit score now 647
Im hoping to put my car insurance on my discover to maximize cash back. Car insurance is 1697. If i put 450 dollars at a time on discover and pay ot off when it posts and do this until the nearly 1700 is paid off, will i spook discover? I dont want them to close my account. Thanks everybody!
As long as you pay it off, they will love you.