24-28pt drop for relatively small increase in utilization

[Thomas_Thumb]

Really no need to micromanage utilization during times when you are not planning to seek new credit. Key strategy is to manage card use and payments the month before and month of credit applications. At other times don't fret over 25 to 35 point score fluctuations associated with increased revolving credit utilization. The score will rebound once utilization drops and you go into micromanagement mode.

During non credit seeking times no harm in allowing both cards to report balances. During those times just manage charges/payments to ensure aggregate and card utilizations are all held under 29%. Try not to stress over charges that slip in before a statement close date. Limit use of your debit card to micromagement mode and avoid using it for online purchases to reduce risk.

Again, given your thin file status, it is best to wait for your youngest account to reach 12 months age before applying for more cards. You can then also request credit line increases on your existing cards - but first ask if there is a hard inquiry associated with a CLI request. If no, then proceed. If yes, wait to request any CLIs until after planned credit applications have been processed.