FlyerTalk Forums - View Single Post - Having charge card AMEX Canada not good for your credit score?
Old Aug 17, 2015, 7:29 am
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Originally Posted by cnj
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?
So what's the point of having a credit card if you pay off your charges a couple of days after they post? The whole point is having a float for several weeks (aside from any card benefits and miles/points/cashback one receives.
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