Ok, get this:
I picked up a new Orchard Bank card $300 limit. I tried to get them to up the limit to $500 on activation. No go. It is unsecured, btw.
I asked them about statement dates and payment dates.
Payment due date is around 28th or 29th, usually.
Statement date is the 4th.
Isn't that a lot of time between? I would have thought it would be closer time period.
So I want to make sure I pay the card down before the 4th, and then make another payment on the due date 24+ days later and not use it till after the statement date comes around.
Which of course, I would be using the card more during that month. So basically I guess I'd be haivng to pay in full twice actually.
