Best way to utilize a capital one Platinum

Best way to utilize a capital one Platinum
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#1

Hello,
I’m new to all of this and I’m on this awesome journey to build a new life! I was approved for a 300.00 capitol one platinum credit card. I would like to know what’s the best way to utilize this card so I can build credit?
Can I use the 30% and during the month pay that back and then do it again before the bill is due?


#2

Welcome to the forum, @Jhamletwa, and congrats on getting an excellent start! The less of your credit limit you use the better, so $90 would be the max…20% or less is better, 10% or less is best. You basically just want to show you’re actively using and paying off the card.

Please keep the questions coming! We love helping people to build new lives.