Low Utilization
Total Credit Limit ($): 10,000; Current Credit Card Balance ($): 500
Credit Utilization Ratio (%): 0.05 %
Credit Utilization Calculator
Finance0.0(0)
Calculates your credit utilization ratio, which is the percentage of your available credit that you're currently using. A lower credit utilization ratio is generally better for your credit score.
More tools:Finance Calculators
How To Use
How to use this calculator
Start with your values, or try a preset.
Step 1
Enter Total Credit Limit ($) and Current Credit Card Balance ($) in the units shown.
Step 2
Read Credit Utilization Ratio (%) in the results panel. Results update as you change the inputs.
Step 3
Choose a preset to load an example, then adjust the values for your situation.
Worked Examples
Example calculations
See the inputs and their calculated results.
Medium Utilization
Total Credit Limit ($): 10,000; Current Credit Card Balance ($): 3,000
Credit Utilization Ratio (%): 0.3 %
High Utilization
Total Credit Limit ($): 10,000; Current Credit Card Balance ($): 7,000
Credit Utilization Ratio (%): 0.7 %
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Important
Treat this output as a planning estimate and confirm rates, tax rules, and contract terms before making financial decisions.