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Financial Guide

Credit Utilization Calculator

See your credit utilization ratio instantly, and whether it's helping or hurting your credit score.

Calculate Your Utilization

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Overall utilization

How Credit Utilization Is Calculated

Utilization % = (Total balances ÷ Total credit limits) × 100

It's calculated both per card and overall — and both matter. A single maxed-out card can hurt your score even if your overall utilization looks fine.

Worked example: Card A has $1,800 on a $2,000 limit (90%). Card B has $200 on a $5,000 limit (4%). Overall utilization is 28.6% — but Card A sitting at 90% can still drag your score down.

What Counts as a Good Ratio

UtilizationRating
Under 10%Excellent
10–30%Good
30–50%High
Over 50%Very high

Frequently Asked Questions

What is a good credit utilization ratio?

Generally, under 30% overall is considered good, and under 10% is considered excellent by most scoring models.

Does utilization matter per card or just overall?

Both. Overall utilization affects your score, but a single card near its limit can also count against you individually.

How fast does paying down a balance improve my score?

Usually within one billing cycle. Paying down before your statement closing date (not just the due date) is what actually gets reported.

Does closing a card hurt my utilization ratio?

It can — closing a card removes its credit limit from your total available credit, which can raise your overall utilization percentage.

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