04-08-2013, 08:06 PM | #1 |
125GP Champion
Join Date: Aug 2008
Location: Worthington, OH
Moto: Empty Garage
Posts: 3,418
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Credit card ?
Quick question on credit cards...
My statement dates run from March 14th - April 13th. My payment date is the 8th of every month. I have always carried a big balance so I never ran into this problem. On March 8th I paid the balance of my card in full, so my statement on March 13th shows $0. Fast forward to today. Today is the 8th of course and my payment day. Since I paid off the card, I have accrued $133.89 to date. I go on to make a payment and the site says I owe $0 because the statement of last month was $0. For the current balance of $133.89 does interest hit at the time of statement (April 13th) or after next month's pay date (May 8th). So this is all leading to.... should I just pay it off today/before the 13th, or will I not have interest on that balance until next pay date? Thanks!
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