Utilization doesn't matter. It only looks at the past month. If you know you'll need your score for something, keep a low utilization for a month or two. But yes, you will have 80% utilization if that's what's on your statement.

Is 70% credit utilization bad?

Carrying a high balance on a credit card for a short period of time won't do long-term damage, but it's still important to keep your credit utilization ratio low. Experts advise keeping your usage below 30% of your limit — both on individual cards and across all your cards.

Does utilization affect credit score Reddit?

You are correct, a high % utilization does hurt your score, regardless of whether you pay it off each month. But this portion of your credit score has no historical component. When your score is calculated this month, it makes no difference what your % utilization was in January.