Credit Tip
✅ Find your DUE DATE on your statement.
Now that you have it, FORGET IT, we don’t care!
Due dates are for calculating interest charges on the card only, not for utilization.
So it does not matter what the interest rate is on a card since you never pay any as long as you pay your previous statement balance in FULL.
✅ Now find the STATEMENT DATE also could be called closing date or cycle end date.
Put this date in your calendar, on your fridge, mirror…

✅ TWO days BEFORE that date, pay down your card balance to 1-4% of the card limit.
For example if you have a $300 limit you need to pay down the balance so there is $3 to $12 left on the card.
Leave it with a balance!!
The credit card will report to the credit bureau that you have 1-4% utilization for that card. This makes up 35% of your FICO SCORE
✅ Now here is the gag, as soon as your statement closes & reports, your due date will show the minimum due in 20 or so days away.
This is the date you have to pay by to avoid any interest, but we dont care remember?!
Now 2 days after the statement date, you know the one that is in your calendar, fridge, mirror…
Pay the card balance off back to Zero.
Now you have already made the minimum payment due by the due date & avoided any interest charges.

✅ You have eliminated your due date, reported the best utilization and avoided any interest payments all with in 4 days.
Now your card has a 0 balance and you can use it as much as you want. You can MAX the card, pay it down again, MAX again, do what ever you like. BUT, look for your next cycle end date and start all over again. Go back to step 2 for that date.
Repeat every month!!
You will never pay interest, can maximize your rewards if it is a rewards card and still get a great FICO boost.