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Two questions about credit cards and utilities...? |
So my husband and I have a Capital One card that has either 1% or 2% back on all purchases, and then 25% back at the end of the year on your accumulated cash back at that time (in october sometime). We are also living paycheck to paycheck, so when bills are due, I have to wait usually until the last day to pay and then pay online with debit card so I know when the payments will go through, etc. My question is 1) can I just pay all my bills (gas, electric, cable, plus other credit cards-circuit city and menards) and just pay it all off on the due date- 21 of every month? Question 2) how will this effect my credit- my limit is $2500 as of late and my bills equal about $750 for what I would be charging on the card. You must allow about 48 hours for a payment to be posted online. So, pay them a couple days ahead of due date. If you can indeed pay off the entire balance by the due date, it makes sense. I put everything on my card, even all gas and groceries. Credit cards have become a necessity in society nowadays, you can't go anywhere without having to use one. That's why it's imperative to maintain a good<!--credit rating and use your credit card smart. Lots of credit card related question been asked here and yours just another one. Check it out this website, hope it helps. |
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