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When Should You Pay Your Credit Card Bill?
Key Takeaways
The best time to pay your credit card bill is by the due date—but paying earlier may help you avoid interest fees.
A late or missing credit card payment may hurt your credit score and cause you to accumulate interest.
You can pay the minimum amount due, statement balance, current balance, or a custom amount.
When is the best time to pay your credit card bill?
The best time to pay your credit card bill is by the due date.
But, if you’re looking for ways to improve your credit score, save on interest, or reduce your credit utilization ratio, the earlier you can pay your credit card bill, the better.
Why you should pay your credit card bill early
There are a few reasons to consider making payments on your credit card bill before the due date.
Paying early helps you save on interest charges
Paying your credit card bill early may help you save money over time.
When you carry a balance from month to month, you’re likely to get credit card interest charges. Any interest charge is added to you
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