Your credit card utilization rate can be defined as the combined balance of all your credit cards in relation to the combined limit of all your credit cards. (treesfullofmoney.com)
This is especially true if you pay off the full balance of your credit card before the end of the monthly billing cycle. (nationalcreditfederation.com)
Most credit card companies calculate interest payments based on the average daily balance of your credit card. (valuepenguin.com)