WHEN and HOW MUCH to Pay on Your Credit Card to Avoid Interest!

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WHEN and HOW MUCH to Pay on Your Credit Card to Avoid Interest!

With all of the terms and rules associated with credit cards it is no surprise that SO many people pay interest on credit cards simply because they don't know THIS information!
Knowing when to pay your credit card to avoid interest as well as how much to pay will save you so much money and make you a more responsible credit card user.
Don't pay credit card interest and maximize your credit card rewards by following this.

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The actual information starts at 2:09.

cuchooo
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Thanks for making it nice and clear!! Watched other videos they've rambled on and on with no information!!

doug_errickson
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Very well explained. Thanks for sharing your tips. Cheers!

AdrianaGirdler
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Thanks for making this short and sweet and straight forward!

hassanbale
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I read an earlier comment and wanted to follow up. In essence, to avoid paying interest I need to avoid carrying a balance: pay off the current balance by the due date (usually like 3 weeks from when you get the bill/statement).

What if I use the card during that 3-week grace period? Still just focus on amount that was on the bill/statement or pay off the current balance + what I'm spending during the grace period?

joe_
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Awesome video, makes perfect sense, Now I have a better understanding on how this works, thank you for keeping it simple and straightforward. 😊

DavidRivera-xbmi
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Exactly what I needed to know! I had a feeling this was the case but just really wanted to make sure. Thank you!

jmannUSMC
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Really great information here, thanks for sharing!

EvanHoeflich
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I love your videos!! I love learning about credit and credit cards

kimberlyromero
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Exactly what I was looking for! Thumbs up n subbed!

manoftheserengeti
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I've watched so many videos on this topic and I must say, this one was THe BEST! THANK YOU for keeping it simple and straightforward!!!

KiKiL
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I was hoping my question would be answered but nice video .

ItsMyLifeDaralynn
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I wish somebody would do a video on what happens if you pay different percentages on your credit card by your due date. Like if you owe $100 and you pay $75 by your due date. What happens the next month if you still owe $25 or when your billing cycle ends. And how does that affect your credit score? That's the type of video I'm interested in knowing how different percentages affect your credit score if you don't pay in full by the due date.

princessandrez
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Heyy your amazing thanks for all the help

mythoughtsmyfaultspodcast
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Suppose if you don't have money to pay full balance statement and you can only pay minimum due payment; will you still be charged with interest

Gigagirl
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That has not been my experience, I called each of my credit cards ( citi, chase Discover) and each told me the same. Each card has its own transaction cycle. If you want to avoid interest you need to make a payment before the cycle ends. sits a couple days before the due date.

anagavilanes
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Im currently utilizing a credit card with Volocity banking and trying to determine the best time to chunk my personal spending budget on the card, the minimum is 105 but my personal spending budget is 1500 for the month, that includes gas, groceries, house hold items

datnohi
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So as a soon to be a new user of credit, when I am done with my goal of bringing it up how can I like make it so they will story charging me interest when I leave the card in active?

vocaloidingviva
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Great information, and really easy on the eyes!!! 😉

chrisdobson
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If I buy something on EMI and don't pay the next instalment, do I have to return it, or do I have to keep paying?

abhisheksingh