Finally tried the 15/3 credit card payment trick and it actually moved my score 12 points

I kept seeing people on here talk about paying your card balance down to under 10% utilization 15 days before the statement closes, then paying the rest 3 days before the due date. I had a 680 score stuck for like 8 months with a $2,300 limit card at Capital One. After trying it for 2 months straight, my score jumped to 692 and I even got a CLI from $2,300 to $3,500 without asking. Has anyone else had consistent results with this or was my situation just lucky timing?

3 comments

3 Comments

pat_harris2d ago

Heard a buddy do the same thing and his limit went up too.

rowanr882d ago

Idk, mine barely budged after the same thing @pat_harris.

robin8962d ago

Heard a buddy do the same thing and his limit went up too" - yeah my friend Jess told me a similar story. She had a Discover card with a $1,500 limit for like two years and couldn't get a raise. She started doing the 15/3 thing for three months and her limit jumped to $3,000 without her asking. But here's the weird part - her score only went up like 8 points the first month, then nothing after that. I think it just depends on how the bank looks at your spending patterns. Some lenders seem to reward it more than others.