Which will raise my credit score?

Question

I have two credit cards, a Visa card from my bank and a store credit card. My main reason for getting the store card was for rewards and discounts for having the card whether I use it or not. As far as my credit score goes, it's 732 last I checked. I of course want to see how high I can get it. I'm wondering what will raise my credit score faster: using the cards and paying off the balances every month or having the cards but use them as little as possible?

Answer 1

What raises your score is the history of the cards, how long you have had them, and your payment history.

Larger loans like a car note or a mortgage payment in good standing will also increase your score faster than a credit card.

Answer 2

Using them and paying in full every month is the way to go.

I have done this with 3 cards for the last year and not only raised my score almost 150-points but got back almost one thousand dollars in cash back rewards. Not bad for using someone else's money for free.

Answer 3

using them a little and paying in full.