Within days of opening your Revolv account, we begin reporting a $1,000 bank-issued revolving credit account to all three major credit bureaus with an account balance of $0. This new account will ‘instantly’ lower your overall credit utilization.
Example: You have a credit card with a $800 balance and $2,000 credit limit ($800 balance / $2,000 limit = 40% utilization. When Revolv. is added to your credit profile, your total credit limit will increase by $1,000 to $3,000 and your credit utilization will drop to 27% ($800 balance / $3,000 limit) – which should ‘instantly’ improve your credit score.