You should wait for the statement to pay your spending instead of covering it same day. Otherwise it's not reported to the credit agencies and it looks like you have no activity on your card.

Also, generally speaking some fluctuation from month to month is to be expected. I wouldn't worry too much about 10 points in either direction.

I’m going to assume we’re talking about US credit evaluations here. I’m not familiar with others.

First, paying your credit card balance the same day doesn’t net you any benefit. Paying off the total every month is a very good idea, but doing it early isn’t necessary. It’s not going to harm you or your score, but the balance is like an interest free loan as long as you pay it off when due.

Your spend as a percentage of your credit limit shouldn’t be a factor either, as long as you pay it off. Your credit utilization is - how much you owe versus your total credit amount. If you have a $10k limit and you spend $3k per month, no one’s going to bar an eye if you keep it paid off. If you carry it month to month, that’s going to count against your utilization.

Second, you shouldn’t worry about a 10 point fluctuation, especially with a newer credit record. You have fewer data points, so you’ll have more fluctuations in general. I would ignore it.

Finally, once your credit score hits somewhere in the neighborhood of 730-750 or so (depending on the agency), you’re placed in the highest tier. Things like interest rates and loan approvals go off of the tier, so someone with a 750 will get the same loan as someone with an 825. It’s not that big of a deal.

I wouldn’t worry too much about credit btw, if this is utilization based which seems likely because you have nothing else, it won’t affect you for more than the cycle it’s based on. Unlike other things, utilization has no memory. Also common advice is it’s only worth worrying about credit in the months before you need it.

I’ve commented here like three times cause every time I open Lemmy again I relive this thread haha. Worry not for I am to sleep soon

10 points is just noise. My score fluctuates more than that when I sneeze. It's nothing to worry about.

You should also never spend more than 10% of your limit. If you do that will drop your credit score

I make a shit ton of money and my credit score is absolutely awful. There is a reason that my credit score is terrible. It's because I refuse to participate in the fleecing of my wealth by paying interest to usurers. I don't have any debt. I don't have a credit card. I make about 40% more than I can reasonably spend in a year. I am not a target for credit card companies because they cannot make any money from me. They can make money from you, so they make you think about your credit score.