FlyerTalk Forums - View Single Post - Having charge card AMEX Canada not good for your credit score?
Old Aug 13, 2015, 5:28 am
  #9  
cnj
 
Join Date: Aug 2015
Programs: Aeroplan, SPG
Posts: 2
Is the best practice to pay off spending as soon as the charges post to your account? Wouldn't that avoid the problem of having high spend when it reports?

I'm sure there is no limit to how many times you make a payment. Buy $30 worth of gas and $200 worth of groceries, wait for it to post a day later, make a payment. Wouldn't that be OK? Does the charge card let you make a payment before the statement populates?

Or rack up a big charge in the first month, pay it when the statement shows up and then just charge normal transactions from then on. So your monthly charges would always be less than that big initial spend.
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