Is it true that you must charge $100 or more to a credit card in order to raise your credit score once paid?
I heard from friends and family that banks/credit agencies/whatever won’t bother adjusting your credit score if you never charge a significant amount to it. For example, say you have a credit card with a $ 2,500 credit limit. I’ve been told that you need, at the minimum, a $ 100 purchase on it or more for the bank or credit agency to take into consideration adjusting your credit score when it comes time to paying it back. Ideally, you would want to keep between $ 200 and $ 1,000 charged on the card, enough to “catch” their attention. If they see you charged $ 100 or more and pay back more than the minimum, they see this as “good” and raise your credit score. If you never charge over $ 100 or charge an amount that you can pay off all at once at the end of the month, say like gasoline and groceries, they see this as “bad” and either leave your credit score alone or maybe even reduce it.
Is any of this true?