Is it better to pay credit card early or on due date?
Paying early also cuts interest\n\n Not only does that help ensure that you're spending within your means, but it also saves you on interest. If you always pay your full statement balance by the due date, you will maintain a credit card grace period and you will never be charged interest.
What is the best date to pay credit card?
The best time to pay a credit card bill is a few days before the due date, which is listed on the monthly statement. Paying at least the minimum amount required by the due date keeps the account in good standing and is the key to building a good or excellent credit score.
What is the 15 3 rule?
The 15/3 credit card payment rule is a strategy that involves making two payments each month to your credit card company. You make one payment 15 days before your statement is due and another payment three days before the due date.
Does it matter what time you pay your credit card?
If you're early, you're on time. This motivational mantra, often used by military instructors, is a good rule of thumb for making sure your credit card payments are made on time. Get your payment out early to avoid fees and additional interest. Paying your credit card bills late can also affect your credit score.