07-26-2012 11:20 AM
I fail to see a reason why someone would need to make a payment within 3 days, I have also heard of some people almost literally using a credit card like a debit card. They make a charge, then immediately go pay that single charge off. To me that is too excessive and unnessecary.
Really it is a waste of time and effort to be constantly paying a card every few days. Since my credit limits are high enough to where my monthly charges keep me at a decent util % I just let the balance report and pay the statement in full.
Only reason I can think of to make multiple monthly payments and I have done this before with my capital one 500 CL card is when the amount you charge per month is greater than your credit limit and you need to make a payment to keep from going over your limit or reporting an extremely high util, but if you have sufficient credit limits there is no need to make an excessive amount of payments and I have heard in some cases that triggers some sort of account review.
07-26-2012 01:29 PM
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