Credit Utilization Calculator
Calculate your overall and per-card credit utilization ratio — a major factor in your credit score — and how much to pay to get under 30% or 10%.
For information and education only — not financial advice. Results are estimates based on the numbers you enter; check important decisions with a qualified professional.
How to use
- 1List each card as 'balance limit' on its own line (a name first is optional).
- 2See overall utilization and how much to pay down to hit common targets.
How it's calculated
Utilization = total balances ÷ total credit limits × 100, also shown per card.
Frequently asked questions
What's a good credit utilization?
Under 30% is commonly recommended, and people with the highest scores often stay under 10%.
When is utilization measured?
Usually when your card issuer reports your statement balance to the credit bureaus — paying before the statement closes can lower it.
Does closing a card affect utilization?
Yes. Closing a card removes its limit, which can raise your overall utilization even if your balances stay the same.