FlyerTalk Forums - View Single Post - Do you pay the entire bill before the statement closes?
Old Apr 28, 2008, 11:36 pm
  #9  
jeelele
 
Join Date: Jul 2006
Location: East Coast
Programs: All major Airlines, Hotel Chains, Credit Cards and Car Rentals
Posts: 1,263
Originally Posted by gj83
I keep my money in an interest bearing account and schedule the payment in full for the day before the bill is due. That way I get the most out of my measly 3.0% APR in savings and never get any of the 18% APR on my CC.

I never pay before the statement closes.

So if I understand you correctly, you keep the money from your credit card(s) in your savings account and then pay it from that savings account a day before the statement closing. How do you manage to do this? I mean how can you withdraw the CC amount into your savings account without incurring any fee(s)?

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