To avoid this problem, many consumers develop the habit of paying small portions of their credit card
balances multiple times per month in an attempt to prevent a high balance from building up.
In addition, wage garnishing will still continue until you've made at least five payments, so you are effectively paying out
multiple times per month for the same loan.
The American Express Serve ® FREE Reloads card is the optimal choice if you plan to deposit cash to the
account multiple times per month, without direct deposit.
Their Help Center encourages customers to submit Feature Requests to help increase the service, and the company's development team improvements the
program multiple times per month with advancements.
Sub-par rewards rates and limited general use potential make this a hard sell to anyone who is not a loyal Korean Air customer, or frequent business traveler to Korean cities who flies with
them multiple times per month.
A perk of business card spending is that it doesn't count against your credit utilization, so you don't need to worry about the credit affect of using up a majority of your credit line, something that is bad for your credit if done on a personal card even if you pay it off every statement (which is why I pay off personal cards
multiple times per month).
@Mordy: Yes, the optimal thing to do is to pay off your balance
multiple times per month, so that the reported figure isn't too high.