Question about credit card system
Just watched s 4 credit system video and i have a few questions.
If you’re only spending on each card for a week, are you maxing out each card within its respective week?
Dont most banks suggest keeping utilization ratio under 35%?
Im confused how to hit a spend goal with that bottleneck.
So if i want to hit 50k/mo in rev, then i need roughly 25k/mo in available credit. But it isn’t as simple as having 3 cards each with a ~8k limit right? Considering the utilization ratio I would need a combined limit of like ~70k across my cards?
thanks yall
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Paolo Dg
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Question about credit card system
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