12-19-2013 11:01 AM - edited 12-19-2013 11:02 AM
This is how I've been doing it.
I have one or two cards that I put almost EVERYTHING on. (my BankAmericard and Discover): My daily driver card gets around $250-$300 run through it every two weeks. When my daily driver was my Capital One card, it would cut on the 1st of the month, and the due date would be around the 25th. Not sure what the dates are gonna be with my new BoA card. Regardless, I put in a payment for $250 to $300 every two weeks when I get paid (the 1st and 15th)...the reported balance is usually low and it is always paid...also, no interest!
I have a few Comenity accounts. They all cut on the 1st or 2nd and are due around the 27th or 28th. Depending on the balances, I will pay them on either 1st or 15th to get them in on time. I have them linked in Mint so sometimes I'll get an email there. Comenity will also send me an email around the 20th if they haven't gotten anything.
My GE accounts are annoying though. I have two that cut on the 1st (My walmart and JCP cards), so those would get paid with the 1st paycheck of the month. I have a couple others that cut after the 15th, so those would get paid with the 15th's paycheck.
Same with Capital One. I have one that cuts on the 1st and another that cuts on the 24th. I can either pay both on the 1st or one of the 1st and the other on the 15th and they would both still be on time.
12-19-2013 12:51 PM
I have only 4 cards and what I do is to set the statement of all cards the same date so that I can manage the balance on each card and util % before reporting to the the credit bureaus.
Because I always PIF , so after statemet date, I almost pay them right away so I don't care too much about the real due date.
12-19-2013 12:54 PM
I have a reminder come up twice a month where I go through each account and make sure I have a 0.00 balance or a pending payment set up.
I'm new with CCs, but am afraid of auto-pay, because my $32K a year means I'm never far from broke, and I don't want to go over. Plus, I'm phasing out of US Bank (now that they gave me a card ) as my primary bank, and into my CU, so I don't want t miss somthing in the switch.
Also, I have e-statements set for everything possible, so that assurres that I'm not behind.
12-19-2013 01:24 PM
I made all my cc statement closing date the same or roughly the same that way when one is due all is due.
This way work for me. So when the due date is coming up i log in to each and pay.
12-19-2013 01:27 PM
I use a program called Check. It lets me know when payments are due several weeks in advance.
I use Check, but neither it nor Mint have Walart, Amazon or any Comenity cards... shucks!
12-19-2013 02:09 PM
As the number of cards you have increases, how do you all manage to keep track of it and pay them on time?
1) My credit issuers' websites are bookmarked in a tab titled "Credit/Bank" which is readily visible on my bookmarks bar (Chrome is my browser)
2) I keep all "payment due" notices in my inbox until that account is paid for the month
3) Autopay is set up
4) I make a Word document every month stating which accounts I have paid and which I have not.
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.