Skip to content
£ moneyguide
Banking

What is credit utilisation ratio?

Where a link is marked *, it is a partner link — we receive commission at no extra cost to you. Links without a * earn us nothing. How we make money.

In short: The percentage of your available credit you are using — total balances divided by total limits. Keeping utilisation below 30% on each card and overall usually helps credit scores; maxed-out cards hurt even if you pay on time.

Last reviewed:

Reviewed by Kaiser Khan

Paying in full each month still shows utilisation on your statement date — some people pay down before reporting date to lower the figure.

Increasing limits without spending more lowers utilisation — but avoid temptation to borrow more.

See credit utilisation explained guide.

Primary source: legislation.gov.uk/ukpga/1974/39

Part of our Banking & current accounts

This quick answer sits inside our wider banking & current accounts hub — with sub-guides, calculators and step-by-step explainers on the same topic.

Read the full banking & current accounts guide

Related reading

More in Banking

Was this page useful?Stored locally on your device.