Thanks for the smiley. It seems that I wasn't clear in the first post.

This is not some scheme that I spent time dreaming up or figured out as a way to rip-off the credit card companies.

I was checking my monthly credit card statement and was baffled why the statement balance was double what it regularly is, and then noticed that there was no auto-payment for the previous statement amount. That is when I did some figuring and guessed that it was because of some large credits during this month that this method might work.