People who pay their credit card after each use

Anthorn

Deleted_User wrote: »

The only benefit is if you are very financially nervous and think you will spend more than you can repay.

Not to be recommended.

Not exactly the only benefit. Buying with a credit card will provide buyer protection. I personally have done that and then when the purchases delivered immediately paid off the balance. But I don't really see the benefit of using the credit card in such a way for everyday purchases such as shopping: Might as well use a debit card.

System

Chino wrote: »

This is "utter tosh".

For credit cards, my credit reports show:

• Current balance
• Previous statement balance
• Payment amount

In my experience, the current balance for a month reflects the balance when the issuer generates the statement for that month.

The CRAs must have a special setup - just for me.

Mine show the amount transacted each month, the credit limit (for each month) and also the amount of cash advances (for each month) too.

This is in addition to the above information.

prowla

I've never heard of this before.
The clever thing to do is to wait for the bill to arrive and pay it off just before the due date.

Cell

Anthorn wrote: »

Not exactly the only benefit. Buying with a credit card will provide buyer protection. I personally have done that and then when the purchases delivered immediately paid off the balance. But I don't really see the benefit of using the credit card in such a way for everyday purchases such as shopping: Might as well use a debit card.

Reward points and cash back in addition to S75 cover..