Thanks all - I am still in the interest free zone, so not paying anything extra 
@parakleet wrote:
@oscar_actuary wrote:
@Steelersboy wrote:
@chrisw1968uk wrote:Thanks for your input! - I pay all of my balances every month, except for leaving a small balance as recommended on here - I currently only "owe" on 1 card - $9 to cap 1
it took me forever to understand this concept, but the fico model does like to see some regular card activity. I always let chase only report a balance 1-9% of the available credit on the card. 12-20% isnt bad but 1-9 eeks out a few more pts. Wonder how many ppl in america know this info lol
But that is only relevant if you are applying for credit soon. Otherwise you are just doing extra math and paying a nominal amount of interest for no reason.
Even if you're letting a balance report, that doesn't mean you're paying any interest. I agree that this "trick" is only worth it if you're actively seeking new credit. Otherwise, not really worth the bother.
thank you. Huge difference between letting a balance report and carrying one.
