Originally Posted by josephstern

I know that we all like to keep our credit scores up by paying ccs before the bill cuts, but please realize that in today's higher interest rate environment, you're giving up real money to keep that score high. You can easily get 5% annual interest for those 20 days or so of float you're giving up. On a $10,000 credit card bill, 20 days at 5% interest comes to about $27. Do that 12 times a year and that's $324. I'm not willing to pay $324 to keep my score a bit higher. Maybe on occasion I'd pay off a card before the statement cuts for a specific app, but now that interest rates are higher, I don't do this as standard practice like I used to.