What is a good balance to keep on a credit card?



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7 Answer(s) available

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The less of your available credit you use, the better it is for your credit score (assuming you are also paying on time). Most experts recommend using no more than 30% of available credit on any card.



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Because they're such a great alternative to cash, they're great if you need to make High-interest rates charged by credit card companies will keep the bill growing pay your credit card balance in full each month, charging non-discretionary



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3 


To maintain a healthy credit score, it's important to keep your credit utilization rate (CUR) low. The general rule of thumb has been that you don't want your CUR



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2 


Maintaining a low credit card balance and paying your bill on time each month will also contribute to a healthy credit score. When Credit Cards Go Inactive. There's



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1 


For credit cards, you can pay this amount or the minimum payment that is listed on the statement to keep your account in good standing. The statement balance



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It's Best to Pay Your Credit Card Balance in Full Each Month. Ideally, you should charge only what you can afford to pay off every month. Leaving



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0 


Most experts, including experts at the Consumer Financial Protection Bureau (CFPB), suggest keeping your total utilization below 30% to avoid



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