Credit card Utilization ratio

[Cardiosniper]

My Hdfc CC limit- 1.10L
My Axis CC limit - 50,000
My Bob cc limit - 1,00000


how much to use ? Please suggest me

 

[Cardiosniper]

33K/month max. from HDFC CC
15K/month max. from Axis
30K/month max. from BOB

Did you apply for BOB C2C via your HDFC CC?

Thank you,
Yes C2C via HDFc

 

[Harry1]

33K/month max. from HDFC CC
15K/month max. from Axis
30K/month max. from BOB

Did you apply for BOB C2C via your HDFC CC?

I think Individual card doesn't matter. Total utilisation should be within 30% of total limit. Also, HDFC doesn't report limits. So, maximum limit used is taken into account, which will be 0 for first time. So, for 150k total limit, he can have overall utilisation of 45k.

 

[Cardiosniper]

I was also thinking same, but better to keep 30% from all cards.

Yes, HDFC doesn't report yet I like to keep my utilisation within 30% as much as possible. I wrote on basis of 30% on each card but one can also follow 30% overall, upto them.

means overall limit my 2,60,000 , isme se mujhe 30% use krna hai ?

 

[Cardiosniper]

Yeah max.
Per month (billing cycle)

Total 75000 approx use karu 2,60,000 ( 3 card ) me

 

[Cardiosniper]

Yeah ... Per billing cycle

And kuch amezon pay later + BajajFinserv + Hdfc debit card (emi) iska bi CBIl pe effect padta hai kya

 

[AllSeeker]

While this is little contradicting to info present here, I personally prefer to maximum utilize 30% of any given card (Not all), and max 8% of aggregated limit of all my credit cards.

If I happen to have bought something exceeding 30%, I tend to pay off before the possible reporting of it in CIBIL, every bank has different reporting date and this usually not in line with statement date. Many people mistakenly think if they pay it before statement generation it wont matter, but that's not true.

This is just my humble opinion and thumb rule I follow.

 

[Cardiosniper]

Yes

How to use