My credit card is due every month on the 10th. When can I make purchases that would end up being paid off before June 10th? I already paid off my May balance.
READ the actual statements. They will tell you when a billing cycle closes. Any purchases made after that date will be billed on the following statement.
You can pay anytime you want. I owed Geico and I timed my payment to pay today but I will not have to pay the card until 7/1. I delayed paying Geico by 2 days so I could get an extra month of interest. However, with savings accounts only paying 1.5%, there is not much to be gained.
On my $117 I will only earn about 27 cents in interest by delaying.
My statement closed yesterday so todays charges will get an extra month.