In terms of credit rating, does it make sense for him to carry an occasional small balance? Would that improve his credit score, or does paying it off in full help the most?No, it makes no sense whatsoever for him to carry a balance because having a balance or not does not affect the credit rating. Tell him to continue to pay it off in full every month. It is his responsible behavior that will affect his credit card the most.FYI - my kids have FICO scores in the 750-800 range, have had a co-signed credit card since high school, and have both always paid in full. It is just time and responsible behavior that will impact his rating.
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