Sentences with phrase «means paying off the balance in full each month»

Ideally of course, you should avoid paying any interest at all, and that generally means paying off your balance in full each month, however that's not always possible.

Not exact matches

This means it'll cost you more every time you carry a balance with your card, so be sure to pay off your balance on time and in full every month, if possible.

Paying off your credit cards in full every month does not mean that they won't show a balance on your report.

That means thatif you used up a large portion of your credit limit one month — say, racking up $ 2,000 in holiday purchases on a card with a $ 3,000 limit — and you paid off the balance in full before the due date but after the statement closing date, the credit bureaus are still going to report your balance as $ 2,000 and your credit utilization rate as an ugly 67 %, even though both are currently, in fact, zero.

Use them only for necessities, never exceed usage by more than 1/3 of your available credit line, and always pay them off timely, in full (meaning the entire balance) each month.

That means paying on time and, if possible, paying off your balance in full every month.

The Gold card from American Express is a charge card, which means card members can not carry a balance and must pay off all charges in full every month.

That means the balance has to be paid off in full every month.

It's a charge card which means you have to pay off your balance in full each month.

This means you'll need to pay off your balance in full each month, rather than being able to carry a balance from month to month.

This card, like many older American Express cards, is a charge card, which means you must pay off your balance in full each month.

Now you don't worry about paying off your balance in full each month, meaning that a low interest rate is no longer the most important feature of your new credit card.