I just set mine to autopay when they are due. Then your money is earning

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May 17, 2019
8:11:36am

LaserCoug All-American

interest instead of going to them early. It's not a huge amount but mine earns a couple percent in my Ally account.

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LaserCoug

Previous username: (Private)
Bio page: LaserCoug
Joined: Dec 5, 2006
Last login: Jun 1, 2024
Total posts: 27,787 (9,947 FO)

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Messages

Author

Time

Dumb question here.

Dakota Cougar

5/17/19 7:38am

That works fine.

Mister P

5/17/19 7:39am

I should mention it may not work if your checking account and credit card are

Mister P

5/17/19 7:40am

Thanks for your response, that's not the case here.

Dakota Cougar

5/17/19 7:46am

Are you mailing in your payment? Each online credit card payment system I have

Ute in DC

5/17/19 7:44am

No, I was planning on paying online.

Dakota Cougar

5/17/19 7:45am

Give it a try. It probably depends on your credit card company. The worst that

Ute in DC

5/17/19 7:52am

Both my card co. let me choose minimum, statement balance, or current balance

Florwood

5/17/19 9:14am

I assume you were paying using the credit cards online

Mister P

5/17/19 7:51am

<< Deleted >>

rivercitycoug

5/17/19 7:46am

Put in the amount, it will reject it if your card company doesn’t allow it.

gww687

5/17/19 7:47am

dYrtbYkerYder

5/17/19 7:49am

Why is that?

JuicyJam

5/17/19 7:55am

Makes it easier to budget and track my spending throughout the month.

dYrtbYkerYder

5/17/19 8:19am

I track things in Mint/Personal Capital pretty religiously. It helps with that.

dYrtbYkerYder

5/17/19 8:24am

I’m not sure it will let you but if it does it’s no problem

KSwiss

5/17/19 7:54am

Doing it wrong. You don't get charged interest unless you carry a balance

LaserCoug

5/17/19 7:58am

I generally just pay my cards off when I get paid on my pay dates.

Dakota Cougar

5/17/19 8:04am

I think he is making an economics "rational actor" argument.

Ute in DC

5/17/19 8:11am

I just set mine to autopay when they are due. Then your money is earning

LaserCoug

5/17/19 8:11am

Got it. I see what you're saying.

Dakota Cougar

5/17/19 8:13am

Found out that my card lets me pay the current balance +7.5% of that current

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