<prompt> Human: I just opened up my second credit card, and have every intention of using it. But a hypothetical just went through my head: in a vacuum, would opening a new credit card with no intention of using it automatically increase your credit rating over the long term? Or is there a break-even point where too LOW of a utilization rate actually works against you? Thanks!  <response>: would openingapplication causes temporary dip in your credit score as a hard inquiry a new credit cardreduces your average age of accounts for a longer-lasting several years reduction in score is there a break-even point where too LOW of a utilization rate actually works against youNo, you are not penalized for having too much of your credit limit available 