Free Credit Utilization Calculator
Calculate your credit utilization ratio, a key factor in your credit score.
USD
USD
Credit Utilization
20.0 %
Ideal Balance (Under 30%)$4,500
Excellent Balance (Under 10%)$1,500
Pay Down to Reach 30%$0
Credit Utilization vs Total Credit Card Balances
Credit Utilization Ratio
Utilization = Total Balances / Total Credit Limits x 100%
This is one of the most important factors in your credit score, accounting for about 30% of your FICO score.
Utilization Thresholds
Example Calculation
$3,000 balances across cards with $15,000 total limit.
- 01Utilization = $3,000 / $15,000 x 100% = 20%
- 02This is in the "Good" range (10-30%)
- 03Ideal balance (30%) = $4,500
- 04Excellent balance (10%) = $1,500
Frequently Asked Questions
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