Credit Utilization 30% Rule: Does It Apply to One Card or All Your Credit Cards?

Credit Utilization Ratio (CUR) Shows How Much of Your Total Credit Limit You Are Using

Experts Generally Recommend Keeping Your Overall Credit Utilization Below 30%

Have 3 Credit Cards With a Combined Limit of ₹4 Lakh? If You Use ₹80,000, Your CUR Is 20%

The Overall CUR Considers the Combined Limits and Outstanding Balances Across Your Credit Cards

However, Using 90% of the Limit on One Card May Still Be Viewed Negatively

Even With a Low Overall CUR, Avoid Maxing Out Any Individual Credit Card

If You Make a Large Purchase, Consider Paying It Before the Statement Is Reported to Credit Bureaus

With Multiple Cards, Spreading Regular Expenses Can Help Keep Individual Card Utilization Lower

Maintain Low Utilization, Pay Bills on Time and Manage Credit Responsibly to Support a Healthy Credit Profile

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