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Old Feb 16, 2013 | 10:33 am
  #18  
ma91pmh
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Originally Posted by shoreline
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?).
No looks like the OP had a card with X limit which they made a balance transfer to. Then as part of getting a new card, they then reduced the CL on the card that was carrying the balance, thus increasing the utilization %.
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