Early Pay-Off?

[johnicek]

Cap1, as well as most, if not all, companies offer the option to pay via bank account. There is an option to pay my bill all the time. So my question:

Right now I have an $80 balance. I get cashback on my card, so I like using it. Can I pay off my balance today, and then once the pull from the bank completes, use my card again and not go over 30% Utilization for the month? How does this make me look as a debtor? Will it effect my score, or chances of a CLI down the road?

[kilj0y]

Use your card as much as you like throughout the month. Your util only gets reported when your statement cuts. So if you know your statement cuts around the 25th pay it down to under 30% util on the 22nd so the payment has time to process before your statement cuts.