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New Cards Utility Question...

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Anonymous
Not applicable

New Cards Utility Question...

Is it ok if my cards report like this, as far as a good utilization percentage?

Amex Green NPSL: Payed off Entirely
Chase Sapphire: 500/5000
Citi TY Preferred: 0/3500
Amex BCE: 0/2000
Discover It: 0/1700
Capital One: 0/1500
Bank of America: 0/700
Message 1 of 11
10 REPLIES 10
myjourney
Super Contributor

Re: New Cards Utility Question...


@Anonymous wrote:
Is it ok if my cards report like this, as far as a good utilization percentage?

Amex Green NPSL: Payed off Entirely
Chase Sapphire: 500/5000
Citi TY Preferred: 0/3500
Amex BCE: 0/2000
Discover It: 0/1700
Capital One: 0/1500
Bank of America: 0/700

Yes indeed

Before you app think...
Have you done your research of the CC?
Does it fit your spending?
Do you have a plan for the bonus w/o going into debt?
Can you afford the AF?
Do you know the cards benefits? Is it worth the HP?
Message 2 of 11
LS2982
Mega Contributor

Re: New Cards Utility Question...


@Anonymous wrote:
Is it ok if my cards report like this, as far as a good utilization percentage?

Amex Green NPSL: Payed off Entirely
Chase Sapphire: 500/5000
Citi TY Preferred: 0/3500
Amex BCE: 0/2000
Discover It: 0/1700
Capital One: 0/1500
Bank of America: 0/700

Yup thats very good!!! Smiley Happy




EQ FICO 548 3/3/16
Message 3 of 11
Anonymous
Not applicable

Re: New Cards Utility Question...

Better than my list.
Message 4 of 11
Anonymous
Not applicable

Re: New Cards Utility Question...

Nice thanks for the feedback! So even if I wanted to, I could report upwards of up to 1440 dollars on the sapphire as long as my other cards are at 0 right? I came at this number because my total credit with all cards is 14,400 x .10 (utility) = 1,440.
Message 5 of 11
LS2982
Mega Contributor

Re: New Cards Utility Question...


@Anonymous wrote:
Nice thanks for the feedback! So even if I wanted to, I could report upwards of up to 1440 dollars on the sapphire as long as my other cards are at 0 right? I came at this number because my total credit with all cards is 14,400 x .10 (utility) = 1,440.

Yup!!! Smiley Happy




EQ FICO 548 3/3/16
Message 6 of 11
Anonymous
Not applicable

Re: New Cards Utility Question...

Thanks!!!!
Message 7 of 11
myjourney
Super Contributor

Re: New Cards Utility Question...


@Anonymous wrote:
Nice thanks for the feedback! So even if I wanted to, I could report upwards of up to 1440 dollars on the sapphire as long as my other cards are at 0 right? I came at this number because my total credit with all cards is 14,400 x .10 (utility) = 1,440.

You got it Smiley Wink

Before you app think...
Have you done your research of the CC?
Does it fit your spending?
Do you have a plan for the bonus w/o going into debt?
Can you afford the AF?
Do you know the cards benefits? Is it worth the HP?
Message 8 of 11
nicholasyud
Valued Contributor

Re: New Cards Utility Question...

if you not going to apps for anything then they shouldn't be a problem how they report your balance.

 

Starting Score: 560
Current Score: ?
Goal Score: 800
Message 9 of 11
Anonymous
Not applicable

Re: New Cards Utility Question...

Yup very good util. Don't try to go above 30% on any one card if you plan to apply for something though. If you are not applying for anything then it doesn't matter.
Message 10 of 11
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