This is how you need to pay your credit card so that you too can be a credit ninja increasing your score by over 100 points whenever you want to.

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How to be a credit ninja 0:00
Credit Card Statement Explained 1:10
Manipulate your Utilization 3:32
I Found The BEST Utilization 5:40
Perfect Payment System 7:39
If this doesn't work for you 8:04


By the end of the video you will understand exactly how to increase your credit score over 100 points just like I did, how this is even possible, and the BEST strategy for how to pay your credit card to trick the credit bureaus into giving you almost whatever score you want.

First we look at my Chase credit card statement, all statements are legally required to show the information we will be talking about but it might be organized differently on your statement.

First number is the new balance or the statement balance, this is the KEY to the entire strategy

Next, minimum payment, this is how much you would have to pay to avoid getting charged with late fees.

Payment due date this is when your payment, for this bill, totaling $2,593.48 is due. If you don’t pay this balance by this date you will owe interest.

Previous Balance, this is how much my last statement balance was.

Payments, credits, this is how much I paid off since my last statement.

I also made 12k in purchases which gives me a total of $2,593.48 for my NEW BALANCE, which again is also at the top of the statement.

Opening and closing dates, this is another important date you will need to find on your statement. This shows what date range this statement relates to. eThe last day here is called the statement closing date or just the “statement date”

The months are also important to pay attention to here.
I have seen a lot of people misunderstanding this strategy because their statement date was on the 3rd of the month, and their due date is on the 28th. The statement date has to come first, it’s just corresponding to the prior month.

Another important number here is the TOTAL available credit or credit access line. Here it shows mine is $34,400. This is what my limit is on this credit card.

And the last number which is most important but not listed anywhere on any statement is a ratio of your current balance to total available credit. Diving one by the other you get a percentage, in my example it’s 7.5% and this is called your credit utilization rate.

One of the main things the 3 major credit bureaus pay attention to is your credit utilization rate. It makes up 30% of your credit score. They will see a high utilization and drop your credit score.

The solution is to pay your credit card a certain amount twice per month, once before the statement date, and then pay the rest before the due date.

Since credit bureaus only see your statement balance when considering your utilization rate they are blind to what goes on the rest of the month. By paying down your credit card balance before that statement date you can create whatever utilization rate you want.

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None of this is meant to be construed as investment advice, it's for entertainment purposes only. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.