I have a few questions since I just recieved my first CC and I don't want to go overboard with it and another random question.
1.) I have an Bankamericard Cash Rewards card from BOFA. I notice when I'm checking my purchases that it says that the statement closing date is 5/25/2012, and I have my settings set at paperless, so I ask, when would my bill be due (I know there a few members on this forum that have the card and I would be glad if you can help me out here). I just do not want to pay any interest or anything and pay it late since it is my first card. And also If I were to buy something say on 24th or 25th, would the purchase show up on the next statement, or will it be included with the first statement, because on some of my transactions like buying gas or buying food it just says it's pending and eventually about 5-6 days later the charges are added to my balance.
2.) I want online pay the bill when it does infact come (I know it has a grace period) but I do not know how. Would it be explained on the bill or not, and if not would someone mind explaining it to me, and also I'm wondering how long it would take for the money to be taken out of my checking account and show that my balance is 0?
3.) I know this is a bit early and random, but if I were lets say by December or November If I have strong credit, would I be able to apply for Amex's blue cash card or the preferred version? I'm curious how my credit would have to be. (I know it comes with an annual fee and I don't mind it as long as it's not to excessive.)
That is all for now and I appreciate if my questions could be answered
If need be I will do my best to clarify what I am trying to ask.