- Gold Member
- Posts: 35
- Joined: Tue Nov 29, 2011 4:42 pm
- Location: USA
That makes sense, thank you.
Does anyone know when your balance is reported? Is it when your statement is issued? If so, would paying your credit card off right before receiving a statement be beneficial? This would cause your statement to be either zero or very low, meaning your credit utilization rate would be close to zero percent.
Current credit cards:
American Express: Blue Cash Everyday, Fidelity Investment Rewards
MasterCard: Chase Ink Cash
Visa: BB&T Visa Signature, Capital One Business Platinum, Chase Freedom, Citi Forward