I was just approved for my first credit card. I will be making a large purchase soon which will exceed my credit limit. I could split the purchase between cash/debit card and my new credit card or I could pay for the entire purchase in cash. Could I use this as a way to build some credit history?
Would it be wise to instantly max out my credit card? I have 0% APR for the first 6 months so should I pay this portion of the purchase out over a few months? Should I pay the balance right away after the first month? Should I only put a small portion of the purchase on the card and only utilize x% of my credit? I just want to see if this is an opportunity to help build my nonexistent credit history.
If it matters, I was approved for the "Discover it Student Cash Back" credit card.