I just booked a flight to Puerto Rico for my cruise next March. The flight came to $621 and I put it on my credit card to get cash back. I just recently opened this card and it is my first big purchase on it.
I am the type of person who HATES owing anyone money, and I wanted to go ahead and make a payment on the card in full just to get rid of it since the balance isn't due until July 1st.
Will that not help my credit score if I keep paying it off right as I use it and never carry any balance? I also only have a $4000 credit limit (I have excellent credit but I'm only 22) and I'm worried having $600 used out of $4000 might be a high utilization rate and might hurt my credit score.
I am the type of person who HATES owing anyone money, and I wanted to go ahead and make a payment on the card in full just to get rid of it since the balance isn't due until July 1st.
Will that not help my credit score if I keep paying it off right as I use it and never carry any balance? I also only have a $4000 credit limit (I have excellent credit but I'm only 22) and I'm worried having $600 used out of $4000 might be a high utilization rate and might hurt my credit score.
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