Credit Card for Bills

wapow

I used to buy everything on my debit card and also pay bills this way.

I've just recently got a credit card now and i can build up points on it so would i be ok in doing the following?

1. Pay everything on the credit card?
2. As soon as it is accepted on the credit card, use my debit card to pay off the credit card?
3. If i pay my credit card sooner than the month end statements, will that affect my 0% INTEREST and balance transfer in anyway? Or affect me in other ways?

Im only using this card as a replacement for my debit card and the fact that i can get points on it. I hope to not overspend or spend beyond my means. Only stuff i would have bought on my debit card as ive been doing for many years i will now buy with my CC.


Any questions please ask.
Thanks.

[Deleted User]

Always wait for your statement before paying off. Otherwise your credit file will look as if you don't use it.

dzug1

It's best not to spend on a 0% balance transfer card - it can often muck up the 0% and lead to you paying interest

Ben8282

If you make a payment prior to the statement date, the payment will pay off the 0% balance transfer and not the purchases.

As you have a 0% balance transfer you will not be paying the full balance each month and your purchases will therefore attract interest from the date of purchase until the date of payment. If the only purpose of using the credit card is for points, it is likely that the interest charge will exceed the value of the points awarded.

McKneff

Always wait till yu get a statement before paying it.

If you have internet banking yu can pay that way, you dont need a debit card for that.

wapow

thanks guys! i made a mistake in my wording - its 0% interest free card with 0% balance transfers? the your points cards.