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Updated about 6 years ago on .

Credit utilization score impact
HI BPers
I want to know how much my credit score will be effected by adding a new card
My previous credit utilization was 68%
My Fico 8 was 701-706
TU /Exp was 655-656
The new CC available limit should lower my utilization rate to 54%
The new card is for a balance transfer which Will have under 25% It’s limit and the old card will go from 51% to zero
I have long term accounts , zero lates , no repos or bankruptcies
How much of a boost in my score should I see next month?
When should I ask for a CLI on my two other cards
( which if approved should also lower my utilization rate)?
Thanks everyone