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Anonymous

02 Jan 2022

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Credit Cards

Does frequent payments on cc bills affect anything? E.g. credit score

Usually i will pay the bills whenever it hits $100+ or at the end of the month (which ever comes first)

Question: By doing this, does it affect my credit score?

Discussion (4)

What are your thoughts?

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Don't think so. Paying in full before it's due is the best to retain good credit score (other bank loans-e.g. housing/renovation matters too). I don't think advance payment/paying upon spent does anything (probably just help u not forget to pay-not use the $$ for other purposes only). So far i paid last 10years, upon receiving cc statement always pay before due, score = AA (best). Dun have AAA one la.

Cheers.

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No~ as long as you dont late payment~

If you want, every month theres a billing date, which shows you what you need to pay before deadline.

Like mine is every 15th of the month, i always pay up everything on 14th, so most of my credit history are always $0 debt~

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