Published On Mar 17, 2022
When to pay your credit card bill?
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If you want to pay $0 interest on your credit card and increase your credit score, then you need to make at least two payments each month. You'll need to pay off your statement balance in full by the due date in order to pay no interest, then you'll need to pay down your remaining balance as low as you can right before the billing cycle ends. Because once your billing cycle is closed, the new balance is given to you and the credit bureaus and they like to see your credit usage below 30%. Confused? This video should help.
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0:00 - Start
0:17 - What's the billing cycle?
1:07 - Pay $0 interest
2:36 - Increase credit score