@dmmartinez wrote:After a long road to rebuilding, I now have 2 credit cards which I plan on using for most of my purchases to maximize the points.
I selected the auto pay-in-full option, but I'm not sure if that is the best strategy to use when making payments?
Should I pay down the card mid-month and cary a small balance?
Not sure what the best way to manage the actual payment of the cards.
Thanks!
I PIF once a week (every Sunday). I choose not to do auto-payments only because I want to have total control over what gets withdrawn from my bank account (I've had mistakes made by a biller using auto-pay which resulted in needless overdraft fees from my bank).
I guess it doesn't really matter...whatever works best for you. As others have said, if you can PIF, you should. No need to pay interest if you don't have to...
