Utilization Question

[Anonymous]

---

@user5387 wrote:

The description talks about overall utilization, and about utilization per card, and about the number of cards with balances.

So what you do with individual cards affects utilization calculations, even if the overall utilization is low.

For example, if you need to carry a $450 balance, and have $500 and $5000 cards, put it on the second one, not the first.

---

Ok, I see what you are saying now. Thanks !

[takeshi74]

---

@Anonymous wrote:

According to this post, it looks like it is based on overall CL and utilization whether all charged on one card or spread evenly across all. Correct? So long as UTL Is around 9%, we can maximize our scores. Am I on the right track? Or is it more complex than I'm understanding it to be?

---

It's not really that complex.  Utilization is considered overall and for each card.  The generic 30% recommendation applies to both but for optimal scoring you'll probably want to aim for 10% or less overall with balances on as few cards as possible.

[Anonymous]

---

@takeshi74 wrote:

---

@Anonymous wrote:

According to this post, it looks like it is based on overall CL and utilization whether all charged on one card or spread evenly across all. Correct? So long as UTL Is around 9%, we can maximize our scores. Am I on the right track? Or is it more complex than I'm understanding it to be?

---

It's not really that complex.  Utilization is considered overall and for each card.  The generic 30% recommendation applies to both but for optimal scoring you'll probably want to aim for 10% or less overall with balances on as few cards as possible.

---

Oh ok. So maybe about 10% on 2 of 5 cards? Maybe have 3 cards showing 0 balance?