I have three secured cards with me, one of which gives me rewards for gas and another for online purchases.
The third one is a Mastercard - I use that only where my VISA cards do not get accepted.
This way, I have 30% utilization on one card, 10% utilization on the other and 0% - 1% on the MasterCard.
I was wondering:
- Is my credit utilization (30 + 10 + 1)/3 = ~14% or is it 30%?
- Will this skewed credit utilization affect my scores in any way (frowned upon by credit bureaus or my provider as high risk)?
- Is it recommended to have an uniform utilization accross your credit cards or is the situation I am in kind of "expected" from users?