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18 votes
3 answers
48k views

If I were to buy something a day before my due date for my credit card bill, would I be charged interest?

First of all, I am a resident of Canada. I am new to credit cards, so I hope my question makes sense. I've had my card for a few months ago and I've always paid the balance in full by the time the ...
Rendezvous's user avatar
6 votes
5 answers
2k views

Assuming you already have the money, how to tell when/which day of the month to pay off credit card balance?

Maybe this is a simple question but I have a really bad sense about these type of things. When I got my first credit card the teller "did me a favour" and said if I always paid it off in ...
titchseason's user avatar
  • 1,119
48 votes
12 answers
12k views

How can sister protect herself from impulse purchases with a credit card?

My little sister is 18, and currently has a bank account with a debit card. She and mom believe it might be time to get her a credit card, mostly to build up her credit rating than out of necessity. ...
hellicat's user avatar
  • 463
40 votes
14 answers
12k views

Why would someone get a credit card with an annual fee?

I currently just have a Visa credit card. A place I shop at doesn't accept them. I'm looking at getting a second credit card such as Mastercard. I am surprised by how many highly recommended cards ...
titchseason's user avatar
  • 1,119
16 votes
9 answers
13k views

I unknowingly went $1200 over my credit card limit, how do I fix it?

I got a RBC Visa in Canada which I continued to use trusting that I could never go over my limit (except maybe $100 over as stated by a teller to me when I asked why was I able to go $1200 over). So ...
verve's user avatar
  • 361
0 votes
1 answer
146 views

Is it best to pay off credit cards as close to the due date as possible? Is it bad to pay mid cycle? [duplicate]

I will preface with I have a very bad sense about these sorts of things. When is it a good idea to pay off a credit card balance before the end of a cycle? For example a statement period is Apr 13 to ...
titchseason's user avatar
  • 1,119