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I Have Good Credit But a High Utilization Rate on One Card. What Should I Do? – William

“Dear Steve,

I have good credit, and have several credit cards. On one, I have a utilization that is at around 50% (slightly more), and on another I have a zero balance.

I am nervous that the one at 50% is high enough that it might effect my credit.

Would it be wise to use the one with zero balance to pay off PART of the credit balance of the other (the one at 50%), in order to stay within the 30% recommended utilization rate on the one at 50%? This would put me at 24% utilization on the one I used to pay the other one off.


Dear William,

Good question. Ultimately the best plan would be to focus on paying the card down below the 30% utilization level. I’m not convinced moving it alone would be a tremendous benefit since your credit score is not dependent on just your utilization rate alone. The length of time you’ve had your cards and payment history are probably more important.

To get a good game plan on paying this down I’ve suggest you look at ReadyForZero, a free service that can help you to tackle you debt with a plan you can easily implement. It will give you the visual guidance you need to stay motivated to get that card paid down.

I’d also suggest you order a copy of your consolidated credit report with the credit score. Looking over your credit report for errors and reading exactly why your credit score is what it is will be far more beneficial to you than doing a balance transfer.

Once you get your credit score, come back and post what it is and what the report suggests you should do to raise your score.


You are not alone. I'm here to help. There is no need to suffer in silence. We can get through this. Tomorrow can be better than today. Don't give up.

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About the author

Steve Rhode

Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

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