AZEO Dilemma - How do U justify losing the interest grace-period on new purchases

[Anonymous]

Scenario: For AZEO purposes, you intentionally leave a $20 balance on your Citi. And OCD-Hobbyist that you are, your other 4 CCs are PIF. 

Unfortunately you lose the grace/float for NEW Citi purchases. (interest is accruing)

Q: Do you simply avoid using that particular card for purchases?

Personally, I have arranged my CCs (began 2019 w/1) to have the same statement/closing date.

It will be a first for me to be in "AZEO-Stasis" and curious as to the scoring perks.

[Remedios]

You dont lose grace period because balance reported as long as you pay full statement amount before due date.

Letting balance report and carrying the balance are not a same thing. 

If you have a card that you've been carrying a balance on, leave it alone till it's paid off then one additional statement period to pay off any trailing interest charges. That should restore the grace period. 

[OmarR]

OP,  think of it this way;

Lets say all your CC's have statements that align with a calendar, 1st-31st.

They all close on the 31st, and you have a grace period until *roughly* the 20th of the next month to pay the closing balances (from the 31st) for each card.

You are playing AZEO just before the closing (31st) statement dates. Than you pay your $20 Citi balance anytime after the 31st, but before the 20th when the interest would hit you.

[Anonymous]

---

@Remedios wrote:

Letting balance report and carrying the balance are not a same thing. 

---

I should have realized a pull is THAT moment's reflection of your current credit STASIS.   Statement balance can be PIF @due date while still showing a balance for next billing cycle.

I intend to idle-all but one (new acronym IABO™) to see if and by how much this changes (improves) my scores.

Thx OmarR & Remedios

[SouthJamaica]

---

@Anonymous wrote:

Scenario: For AZEO purposes, you intentionally leave a $20 balance on your Citi. And OCD-Hobbyist that you are, your other 4 CCs are PIF. 

Unfortunately you lose the grace/float for NEW Citi purchases. (interest is accruing)

Q: Do you simply avoid using that particular card for purchases?

Personally, I have arranged** my now 5 CCs (began 2019 w/1 CC) to have the same statement/closing date.

It will be a first for me to be in "AZEO-Stasis" and curious as to the scoring perks.

** New statement dates won't go into effect for all CCs until Sept

---

You don't LEAVE a $20 balance on the card. You just let the balance REPORT, and then pay it off, long before the due date. You don't pay interest.

[Anonymous]

IMO the only reason for azeo is home purchase or auto. DW has atleast one card with 0% carrying a balance and her scores are above 800 fico.