Originally Posted by
ma91pmh
There is no benefit in having a 800 score vs a 750. Below 740 there is real impact, IF you are actually seeking credit
Blogs don't assume you are going to do a balance transfer to use up 60% of your CL. That is a surefire credit score killer.
This may be a silly question, but are you saying that transferring CL to a new card increases the utilization by this number (60%), or moving a balance to a new card causes this?
I don't recall reading that moving a partial CL to a new card would have a negative impact from the move on utilization (is this even if the balance is zero?).