I currently have a standard Visa with CIBC and my credit limit is $2500. I made a large purchase that reached $1000 and my amount owing is now approximately $1300. On my monthly statement, it shows that my minimum monthly payment is $26 dollars. My question for you guys is, if I make a monthly payment of $100-150, would it reflect negatively/positively on my credit score or would it not matter at all? Does it look bad that I'm not paying the full amount the following month, or would it look good that I'm able to pay more than the minimum monthly payment? I've currently had this card for 11 months now. In addition, would this affect my chances for approval of a credit limit increase?
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