Does advanced payment of credit card reduce yearly expenses amount?

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Kochiro

My SBI card have really low limit and I don’t want to show more than 30% utilisation in bill so I pay early.

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Deal Subedar Deal Subedar
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Keep the “displayed” utilisation between 5 to 10 percent if the credit limit is “really low” and if the ratio of your expenses on your card vis a vis your income /IT returns are on the higher side. 

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Ramta_Jogi wrote:

Keep the “displayed” utilisation between 5 to 10 percent if the credit limit is “really low” and if the ratio of your expenses on your card vis a vis your income /IT returns are on the higher side. 

I meant to say is I want to meet yearly fee reverse criteria of 1 lac while keeping my expense less than 30% while limit is low

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Kochiro wrote:

I meant to say is I want to meet yearly fee reverse criteria of 1 lac while keeping my expense less than 30% while limit is low

That you would. The expenses incurred are the total amount charged to the credit card. It has nothing to do with credit utilisation.

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