credit card pay time

blackdog2220

been advised (on other posts on this page) NOT to pay credit card off untill they have actually prepaired the bill , paying early would "look" like non use of card 

I have a capital one , limit £200 , so I often use it to pay for goods upto £200 , then pay it back immediatly from my bank , so that i can use card again 

following advice , recently I have waited for the bill , and paid it off then 

I am now getting warnings from those companies that like to upsell , expedian , and other 2 that I am "upto maximum on credit limit " and should address this immediatly 

seems I am between the devil and the deep ,,,,,,,,,,,,,, £200 , is a very very low limit , I know it will increase but at present its not much use 

[Deleted User]

Just clear in full after each statement. Only make an interim payment if you need to in order to make a particular purchase.

Ignore the nonsense warnings from the CRAs. You're clearing in full, so there is no issue.

Jamesyb123

blackdog2220 said:

been advised (on other posts on this page) NOT to pay credit card off untill they have actually prepaired the bill , paying early would "look" like non use of card 

I have a capital one , limit £200 , so I often use it to pay for goods upto £200 , then pay it back immediatly from my bank , so that i can use card again 

following advice , recently I have waited for the bill , and paid it off then 

I am now getting warnings from those companies that like to upsell , expedian , and other 2 that I am "upto maximum on credit limit " and should address this immediatly 

seems I am between the devil and the deep ,,,,,,,,,,,,,, £200 , is a very very low limit , I know it will increase but at present its not much use 

The warnings are there as a guide but many people will tell you that the CRA advice is to increase the pointless score which is true. The risk you’re running is if something took you a few pound over you will get an over limit fee and a mark on your credit file. Maybe an idea to spend up to £150 and leave a bit of space on there. If your credit file is decent after 12 months they will likely offer you an increase limit.

[Deleted User]

The CRAs will always flag up as a negative if you are using over 50% of the limit - for a £200 card that's not surprising, just ignore that, as your good financial sense (paying off in full every month) is rewarded, your limit will go up so that £200 payment becomes say 20% of a £1000 limit or whatever. 

blackdog2220

so in my situation , do I (me not others in different circumstance) pay the card back quickly and have zero or very little at bill time , will credit card co see this and be good to me or bad to me as they are making nothing 

if my limit was £1000 , i can forsee utilising £4-500 per month with the ability to pay bill on arrival without fail 

Jamesyb123

blackdog2220 said:

so in my situation , do I (me not others in different circumstance) pay the card back quickly and have zero or very little at bill time , will credit card co see this and be good to me or bad to me as they are making nothing 

if my limit was £1000 , i can forsee utilising £4-500 per month with the ability to pay bill on arrival without fail 

If you pay the balance off in full and on time they will be good to you and increase your limit over time 

[Deleted User]

You spend.
You get the statement.
You pay in full.
You spend.
You get the statement.
You pay in full.
You spend....

blackdog2220

Deleted_User said:

You spend.
You get the statement.
You pay in full.
You spend.
You get the statement.
You pay in full.
You spend....

yes , however £200 can be spent on day one and card protection needed many other times in the month 

just annoyed that I follow advice to await bill , only to find that 3 little muppets say I am overreaching my credit 

I am on statement 5 (5 mths) hopefully capital one will increase my limit at month 6 

[Deleted User]

Then if you need to clear it to make another purchase, you do that.  But otherwise, you simply wait for the statement.

blackdog2220

yup , I know its the only way in my case , but goes against advice of waiting till bill is produced 

devel and the deep blue , lets see if capitol one will increase limit 

[Deleted User]

blackdog2220 said:

yup , I know its the only way in my case , but goes against advice of waiting till bill is produced 

It really doesn't, because you're still left with a balance to clear when the statement comes.  

You're over worrying about these 'devels' and 'deep blues' of yours.