Credit limit usage and how it affects your credit score?

I know this is probably a silly question. I know that using over 30% of my credit limit is bad, but is it bad if I use 30% one day, pay it off immediately and the next day use another 30%, pay it off immediately and so on? Thanks.|||First, it is bad to use the card and make immediate payment. Credit card companies don't want multiple payments per month and some will freeze your online access after so many payments.





Credit cards only update to the credit bureaus once a month. If you pay immediately, you will likely not show any utilization which does nothing to improve your credit. Besides you miss out on one of the benefits of using a credit card -- the interest free grace period between the purchase date and the statement due date.





Second, it's carrying credit card balances of more than 30% of your limit that hurts your score. This is NOT the same as utilization percentage. If you pay off the balance, your score gets an immediate boost.





It is true that utilization plays a part in your FICO score. However, the time and effort to figure out exactly when your card updates to each of the credit bureaus, then schedule charges and payments to get that perfect utilization percent (which is actually much higher than 30%) simply is not worth it for the very small part in your score.





Use the card for regular purchases, wait for the statement, and pay the balance in full every month. Don't worry about utilization percent. It all evens out in the end. In fact, the fastest way to get your limit increased on your card is to use 70%+ and pay in full for about 9 months.|||What will matter is the balance on the card the day your bank happens to report it to the credit agency. Under your system it sounds like it will be a toss up of if it will be reported.





Though do note that if your intention is to use a card for its rewards or its convenience but have the money to pay it off early, in any month where you are applying for new credit (i.e, at any point you actually care about your score), you should pay off balance as quickly as possible even if the bill is not yet due (there are some credit card companies that foolishly won't let you, but most do).|||see my main answer on your other Q, but just adding I like and agree with BD's answer.