- Centurion Member
- Posts: 3960
- Joined: Thu May 08, 2014 7:42 pm
- Location: United States
I've heard some people have submitted payments to Capital One that are not processed for a few days. I don't know how common a problem that is. With a $300 credit limit, though, I'd be making payments in full every 2 or 3 days if you use the card regularly. My first card had a $600 limit and that was tricky enough to not exceed.
I would err on the side of paying too quickly rather than trying to get the 'ideal 1-10%' to report. After a few more months, when you feel ready to apply for another card, you can let a small balance report (and then pay the balance before the due date to avoid interest). That will help you boost your FICO score when you need new credit.
Keeping indefinitely: IHG, SchwabPlat, CSP, Discover, Freedom, ED, BCE, Hyatt
May close or PC: Prestige, Arrival, BrooksBros
AA Platinum converting into Costco
Might add: Proper business card, CSR, Ritz, Delta Gold, First Tech
Letting new accounts cool off since May