How much to keep

Hi, I have a 'good' credit rating according to Experian but I want to try to improve it. I have a credit card with a limit of 11 grand but only have 600 spent on it. Is this bad for my rating? Should I reduce the limit available? Thanks to anyone who can help :)


  • Experian_company_representativeExperian_company_representative Organisation Representatives - Private Messages may not be monitored
    2.1K Posts
    Part of the Furniture Combo Breaker
    This Q&A should give you a little more guidance on card balances, limits and credit scores.

    Official Company Representative
    I am an official company representative of Experian. MSE has given permission for me to post in response to queries about the company, so that I can help solve issues. You can see my name on the companies with permission to post list. I am not allowed to tout for business at all. If you believe I am please report it to [email protected] This does NOT imply any form of approval of my company or its products by MSE"

    Posts by James Jones, Neil Stone, Stuart Storey & Joe Standen
  • grandplonkergrandplonker Forumite
    109 Posts
    Tenth Anniversary 10 Posts Name Dropper Combo Breaker
    I think the short answer linked above is 'keep £11k, use only £2,500'. I'd love to know how you got it that high though; I imagine a good job, diligence and a property helped.
This discussion has been closed.
Latest MSE News and Guides

The 'Ask An Expert' event

Last week's energy Q&A with MSE experts

MSE Forum

Ninja Kitchen air fryer & grill £175

Normally £250. Excl Northern Ireland

MSE Deals