I pay for everything with credit cards and
then pay off the balance in full each month.
The key to maximizing your cash back is to put as much as possible onto the card, and
then pay off the balance in full each month like a debit card.
To answer your question, no I've never done a 0 % interest rate transfer, but
then I pay off my balance in full each month and only have 2 credit cards solely for the rewards.
It is possible to use credit to buy small items and
then pay off your balance in full every month.
Not exact matches
Crystal @ Budgeting
in the Fun Stuff writes Why I Use a Credit Card (And How To Leverage Yours)-- If you can't be disciplined enough to
pay off your
balance in full every
month,
then you probably shouldn't have a credit card.
As long as you
pay off balances in full every
month and keep your utilization below 10 % to be reported to Credit Bureaus
then it will rapidly boost your score.
Then, if you don't
pay off your
balances in full each
month, they grow too quickly to keep up with.
However, if you
pay off your
balance in full every
month then you would probably disregard the interest rate.
Then, resolve to stay out of debt by
paying off your
balance in full each
month.
So finish the job, and
then promise yourself you'll
pay the
balance off in full every
month from here until the day you die.
But if you
pay off your
balance in full each
month,
then you're better
off focusing on the rewards than the interest rate.
Our suggestion: if you are responsible and usually
pay off your
balance in full each
month,
then consider the Sapphire Preferred card.
Put all of your expenses on a cash - back credit card each
month,
then pay off the
balance in full.
But
then again I've known from the start that I needed to
pay off the
balances every
month in full, and have always had control over my finances and most certainly my credit cards.
If you're stuck for the
month and can't
pay off your credit card
balance in full,
then aim to
pay more than the minimum
balance.
# 2 is the absolute most important way because
then if you can discipline yourself to
pay off your
balance in full every
month then you can use a cash back credit card or a rewards credit card to really sock it to the credit card company and earn all kinds of cash back and rewards.
Our suggestion: if you are responsible and usually
pay off your
balance in full each
month,
then consider the Sapphire Preferred card.
If you use your card and
pay off the
balance in full for the first five
months,
then you are given the option of increasing your credit limit.
Pay your
balances off in full each
month and your score will be just fine (and
then some).