Avoiding credit card interest by paying off card every month? Related Questions

Avoiding credit card interest by paying off card every month?
Asked By nagyagi81,Last Answer By Serendipity At 2009.12,1 Answers

I have a credit card that I simply use to collect airline miles. I'd like to keep the interest to a minimum or avoiding it altogether. They say that by paying off the card every month you can avoid paying interest.
What does that mean and how is it done?
Do I pay off the card before they close the period and send out my statement? Or do I wait until the period is closed and I have until the payment is due to pay the outstanding balance from the statement?

Thanks for the help.

When you're done paying a credit card bill, do you call to cancel the card, or do you destroy the card?
Asked By claria,Last Answer By ro At 2011.03,1 Answers

i hear that if you call to cancel the card, its bad for your credit history...is that true?

When you're done paying a credit card bill, do you call to cancel the card, or do you destroy the card?
Asked By claria,Last Answer By ro At 2009.12,1 Answers

i hear that if you call to cancel the card, its bad for your credit history...is that true?

Post green card (debit card) with the CUP logo credit card, can be consumed by credit cards?
Asked By rose zhou,Last Answer By joy Green At 2011.05,1 Answers

Post green card (debit card) with the CUP logo credit card, credit card spending could it?

Not paying credit card debt, going abroad, what happens?
Asked By reuben,Last Answer By Sven B At 2009.12,1 Answers

What happens if a person owes about 30,000 USD in credit cards, then he goes to live in another country.....what happens if he wants to come back to the USA after say, 5 or 6 years?? Is he prosecuted?? Is he arrested at the airport?

Not paying credit card debt, going abroad, what happens?
Asked By reuben,Last Answer By Sven B At 2009.12,1 Answers

What happens if a person owes about 30,000 USD in credit cards, then he goes to live in another country.....what happens if he wants to come back to the USA after say, 5 or 6 years?? Is he prosecuted?? Is he arrested at the airport?

Can I be arrested for not paying my credit card debt?!?!?
Asked By kjesmommy,Last Answer By Dr. Souldogs At 2009.12,1 Answers

I'm 21 + a single mom. I got a Chase credit card 2 years ago with a limit of $300. I used it up, but never went over my limit. I was enrolled in a payment protection plan with the card, I lost my job+called Chase right away, they said everything would be ok. I asked them to cancel it and I'd pay the balance asap. The next month, I get a bill for $380, not $300. I called them+ they clamied that interest, late fees+overdrawn fees would still be added. One thing happened, then another.

They sent it to collections, now claiming the balance is $1,085.04. I get a call today telling me that I frauded Chase+ it's a felony charge. He said if I don't call back by 6pm with $408, he will call district attorney's office + they will issue a warrant for my arrest. I know debt collectors try to scare ppl all the time, but I am worried. I can't find any info online. He said if I had made at least 1 pymnt, this wouldn't have happened. I have 45 mins, no check, no debit or credit, no money at all!

Credit card with no interest rate?
Asked By shan_ali36,Last Answer By wizjp At 2011.03,1 Answers

Yeah; first bank of the Loch Ness Monster.

Not happening

Is credit card interest tax deductible?
Asked By credit_card,Last Answer By credit_card At 2011.06,0 Answers

Is credit card interest tax deductible?Is credit card interest payments need tax deductible?

How much interest can a credit card company charge by law?
Asked By dnelak,Last Answer By ∞infiniti∞ At 2009.12,1 Answers

If you have spent lets say $5000 on a card can they by law charge you $20,000 in interest if you only pay the minimum? What is the law and where can I find out more information?

In addition to the supermarket credit card credit card, CUP debit card right?
Asked By lisa green,Last Answer By jessie lake At 2011.05,1 Answers

I have a CCB card, said to be able to withdraw money, pay by card, I do not know a credit card or debit card? Savings card can brush it?

I asked my credit card company if they could lower my interest rate and they said no? Why?
Asked By LAD,Last Answer By Miss Know It All At 2009.12,1 Answers

I've never been late on a payment.

I asked my credit card company if they could lower my interest rate and they said no? Why?
Asked By LAD,Last Answer By Miss Know It All At 2011.03,1 Answers

I've never been late on a payment.

I asked my credit card company if they could lower my interest rate and they said no? Why?
Asked By LAD,Last Answer By Miss Know It All At 2009.12,1 Answers

I've never been late on a payment.

CITIC Bank's credit card I want to buy a 1800 mobile phone hire, how much interest is
Asked By lisa green,Last Answer By Joanna wood At 2011.05,1 Answers

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