Quick 30% planner
Enter balances and limits to calculate your current utilization and an estimated payment target of 29%.
Open the quick calculatorFree Canadian credit tools
Compare your Canadian credit utilization options
Estimate how much of your revolving credit you use, then explore the approximate payment needed to bring the ratio below 30%.
Guide and calculator
Use the calculator alongside a plain-language explanation of credit utilization and practical next steps.
Read the guideWhat is credit utilization?
Credit utilization compares revolving balances with available revolving credit limits. For example, a $1,500 balance across $5,000 of limits represents 30% utilization. Results can vary as balances and limits change.
The Financial Consumer Agency of Canada advises trying to use less than 30% of available credit. That is general guidance, not a promise that reaching a particular ratio will change a credit score.
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