Originally Posted by
bobby21
A question for the experts. The 1 statement has closed, made the spend, got the 55k miles. My AF was refunded after I canceled the card within 37 days. Paid $2k. Now I still have a 3k balance on the card, and the next statement closes 3/10.
Can I wait till the next statement close, and the next payment date, 2-3 weeks later, to pay off my closed card? Or am I supposed to pay off the balance within 37 days - is there any time limit?
if you hold an amount past the due date you will be paying interest on that amount, so why not pay it off!! if you cannot pay it off then you should be okay with paying interest. this will make your goals (getting 55K or whatever miles you want to get) less valuable, you probably want to play with a different card that doesn't require you to spend 5K to get the bonus