Credit card utilization

I’ve read that it’s wise to keep your credit card utilization below 30%. I have a $1,000 limit. Can I spend $250, pay that off in full, spend $200, pay it off in full, as long as the balance doesn’t show it goes over $300? Or does it read this as $450 total spent for that statement cycle and therefore my utilization is 45%? Thanks!

Hi Katie! Check out this website for some credit utilization info!. Most importantly, just make sure you pay off your debt at the end of every period. I have found that my credit card company (Discover and Chase) were more than willing to up my credit limit after a few months of consistent payments. Hope this helps!

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