FlyerTalk Forums - View Single Post - Is credit limit cycling ok?
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Old Feb 5, 2015, 1:04 pm
  #8  
rtraveler
 
Join Date: May 2010
Posts: 688
Originally Posted by pipput1
Hi everyone,

I'm new to FT and this is my first post!

I was reading in another thread that you should never spend/MS more than your credit limit in a given month, even if you're paying it all down before the statement closes. For instance, if I have a 10K limit, and I spend 6 or 7K, pay it back, spend 6 or 7K more, pay back before the statement closes, without ever having a balance of 10K or more, is that ok, or will that hurt my credit score?

Thanks in advance!
In my experience, yes. My CL's are $10k-$20k with Visa/MC/Amex and I've purchased up to $80k/month with about 3 credit cards.
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