Credit Utilization Calculator
Credit utilization is the share of your credit limits that you are using right now. Enter one card's balance and limit, or add every card, and the answer follows.
- Free
- Works offline after your first visit
- Saves on this device
- No sign-up
- Updated
How it works
Utilization on one card is its balance divided by its limit, times 100. For all cards together, add up the balances, add up the limits, and divide the first total by the second.
Balances change from month to month, so this is a snapshot of one day, not a score. Your card statement shows the balance the company reports.
Worked example
With a balance of $900.00 on a $3,000.00 limit, that card is at 30% utilization. Across all 3 cards, $2,550.00 of $9,500.00 is in use, which is 26.8%.
Questions
Is there a number I should stay under?
Many people use 30% as a rough guide. It is a common rule of thumb, not a fixed cutoff, and credit scores weigh several other things too.
Does this include loans?
No. It covers revolving credit such as credit cards and lines of credit. Loans with fixed monthly payments are not part of this figure.
Which balance should I use?
Use the balance from your latest statement, or the one shown in your card app. A balance you pay off before the statement closes can read differently.
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