Strange thing is, they badger you to obtain their cards.
Then they badger you to use them.
Then they get upset when you have them and use them.
Who scores these banks who give you 0.0000001% interest on your savings, and then charge you 12.5 to 29.9% interest on what they loan you?
I had one credit card company call me all concerned because I had a high balance under my credit limit.
I start getting letters telling me I have a new monthly payment due in 20 days. By the time I’m down to five or four days, they’re in complete panic mode.
I pay my bills 36 to 24 hours before they are due.
My spreadsheet financial planner has due dates on it, and I only beat them by a few days. Why should I give them float time on my money?
If you have any CapitalOne accounts, pay those at least five days ahead of time, ten if you are mailing in a check. In my experience, CapitalOne is a sleazy company that stalls when it clears payments to hit people with late fees and trigger higher interest rates.
I agree and follow that course nearly.
Except...... I am both busy and old. I might just forget on the last night and not make the payment.
To forestall that action, I make an automatic regular payment early in the month to cover the minimum just in case I somehow do not pay the balance as intended.
Thus, there is no late charge by the bank or against the credit score.
I don’t think my score matters any more.