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bobombpom t1_iugmqpo wrote

Reply to comment by Cruian in Should I use Credit Card for everything? by FaithlessnessProof92

Another option is to have a high enough credit limit that your utilization is good regardless. Through a series of events, I've ended up with $25k credit limit across 4 cards. I typically only spend about $1500/mo on those cards. With my limit, that's only 6% utilization and considered excellent by any company's metrics.

The caveat is that you need to have the discipline to have the credit available, but not use it.

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whisky_in_your_water t1_iuh22lf wrote

Yup. I have a ton more credit than that (~$100k), and it honestly kinda scares me. But my utilization is solidly under 5%, so I never need to worry about utilization.

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