Credit Card Utilization Optimizer
Credit utilization is one of the biggest factors in your credit score. Enter your total credit card balances and limits, plus a target utilization percentage, to see exactly how much you need to pay down.
About this calculator
Calculate your current credit utilization ratio across multiple cards and see exactly how much to pay down to hit a target utilization for a better credit score.
Frequently Asked Questions
What utilization percentage is considered good?
Most experts recommend keeping utilization below 30%, with under 10% considered excellent for maximizing credit scores.
Does utilization reset each month?
Utilization is typically calculated based on your statement balance, so paying down debt before your statement closing date can lower reported utilization.
Should I close unused cards to improve utilization?
Generally no — closing cards reduces your total available credit, which can increase your utilization ratio and hurt your score.