Credit Card Utilization - myFICO® Forums - 2535027

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i have about 55,000 available credit with 19 dollars reporting should i let more report for a better fico score?

Zero credit card utilization should i let one percent report?

Sdfcu EMV Visa Platinum $25,000 |Tobbyhanna Visa $15,000 | Discover $3,500 | Psecu Visa $20,000 | Amex Delta $6,500 | Lowes $15,000 | Occu Duck Visa $7,500 | Amex Platinum NPSL | | Chase CSP $20,000 | Chase Southwest Premier $ 12,000 | Citi Double Cash $6,500 | Citi World MC $ 10,400 | Capital One GM Elite Mastercard $7,500 | Boa $12,500 | Chase United Explorer $ 5,000 | PayPal MC $6,000 | Boa Cash Rewards $5,000 | Amex SPG: $3,000 | Chase Marriott Rewards Premier $9,200 | Diners Club Premier $40,000 | Diners Club Elite $40,000 | Barclaycard Arrival+ $13,000 | BOA Royal Caribbean Visa Signature $ 5,000 | Ritz Carlton Visa $10,000 | Amex Everyday $4,500 | Barclays US Airways $4,000 | Citi Prestige $7,000 PenFed - AMEX Travel Rewards $18,00 | PenFed Promise$18,000 Citi ThankYou Premier $4,500

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3 REPLIES 3

You'd have to do some testing to verify what is optimal for you.

Message 2 of 4

thanks

maybe i will let my psecu visa report a bigger balance this month and see what happens.

Sdfcu EMV Visa Platinum $25,000 |Tobbyhanna Visa $15,000 | Discover $3,500 | Psecu Visa $20,000 | Amex Delta $6,500 | Lowes $15,000 | Occu Duck Visa $7,500 | Amex Platinum NPSL | | Chase CSP $20,000 | Chase Southwest Premier $ 12,000 | Citi Double Cash $6,500 | Citi World MC $ 10,400 | Capital One GM Elite Mastercard $7,500 | Boa $12,500 | Chase United Explorer $ 5,000 | PayPal MC $6,000 | Boa Cash Rewards $5,000 | Amex SPG: $3,000 | Chase Marriott Rewards Premier $9,200 | Diners Club Premier $40,000 | Diners Club Elite $40,000 | Barclaycard Arrival+ $13,000 | BOA Royal Caribbean Visa Signature $ 5,000 | Ritz Carlton Visa $10,000 | Amex Everyday $4,500 | Barclays US Airways $4,000 | Citi Prestige $7,000 PenFed - AMEX Travel Rewards $18,00 | PenFed Promise$18,000 Citi ThankYou Premier $4,500

Message 3 of 4

@cheon1 wrote:
i have about 55,000 available credit with 19 dollars reporting should i let more report for a better fico score?
Zero credit card utilization should i let one percent report?

From what I've read most scores are optimimized when more than 1% and less than 9% UTL is reporting. One of the "positive" factors on my FICO scores has been listed as "You are making good use of your credit cards". This can only be the case if something is getting reported each month.

Deff play around with it and see what works best for you.

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