You should set up three separate auto pays for random bills.

@@samenyasar9153 That's an option, sure, but I'd rather use my regular cards to max the points rewards. For the small purchases, I'll usually do things like a small grocery purchase so I'm not really going out of my way to use the card.

Why not save for 3 months and pay it off with your money for small items

@@cc-iq2bs The number one rule for responsible credit card use is to not spend money you don’t have. Using a dormant card occasionally will keep the account active & work to keep your credit score high, which will come in handy when you need to get a loan for a major purchase, I.e. mortgage for a house. And once you get the dormant card to report that it’s still active by giving you a bill due date for that small item purchase, you pay it off immediately, which means you’re not carrying a balance & therefore not paying interest on your credit card.

How else would you be prove credit worthiness?

Credit cards are an easy way to build your credit worthiness

You don't have to but certainly helps and the best way

Just put your bills on a credit card and the credit card on auto pay with your bank. Automatic credit score increase hack. That’s been my system and my credit score has been steadily increasing.

This is the stupidest comment

Use a credit card just as you would with a debit card and you will get a great credit score and up to 10% back on what you spend. As long as you pay it off in full every month it's much better to have a credit card vs a debit card.

​@@jim9990 what card has 10%? the most I know is 5% and they're either very situational or need me to put lots of cash first.

@@ilikestuff8218 I believe it's the Discover it cash back. It gives 5% back on different categories that change every 3 months. (grocery stores and gas are a few) After 1 year they double all your collected cash back for a 10% return

​@@jim9990 I've got that card and pay no interest on it as well because I use it properly

@@LiamMcBride Perfectly done. I've also found some cards from Wells Fargo and Chase that have 0% APY for as long as 21 months, if you need 5k but don't want to pay interest on a loan. I used this for my business and they paid $600 in rewards on top of the 0% APY.

valorant and cs players 🤣🤣🤣

Lol

It means, instead of paying in full after a month, then you pay over like 3 months but you pay interest on it. You end up paying more on minimal payment.

Unfortunately not, when it closes, it closes for good

Pay the full due amount every billing cycle. Example: if you spent 1000. Pay the whole 1000.

You'll avoid paying interest if you pay your credit card balance off in full each month by the due date.

@@sumansamhalder6909 but how would you just have 1000 dollars just sitting around to pay it off ??

@@CMANIZABALLER Well, spend within your means to start with. If you cannot afford to spend 1000, then don't spend 1000. If you can pay 200, then make sure you don't go overboard. It is as simple as that.

@@sumansamhalder6909HIS. I’m so glad teens today are online asking questions that could improve their finances. Your answers are perfect. I wish I knew this in my teens when I got my first cc and I was spending way above my means. I was only making the minimum payments and it didn’t take long for the interest and fees to add up and also I maxed it out. It messed up my credit. Don’t do this kids! Don’t spend what you can’t afford to pay back…it’s not free money!

@Mr. X lmfao 😂

Yes

@@zachealy8522 will doing a bit more than minimum a couple days before due date help?

Depends on how "little" a little bit is. You'll have ever-so-slightly less interest on the full amount you will inevitably start having to pay off later, but you're still falling into the credit card trap of spending more money than you actually have, so just pay your full amounts always and on time.

Yes

Bro what’s a 13 year old doing with a credit card?

building credit for the future

Santos L Halper 🤣

What that means is instead of paying the minimum balance you pay off the card. Example you bought a PS5 for $600 the minimum balance would be $35 on the due date, but instead of paying the minimum you're paying off the full $600. In the credit card world those who pay off their balance in full and never pay any interest are called deadbeats

Pay in full what you used your credit card to purchase.

pay in full meaning pay for the full amount of the product

So if pay in full means paying what you bought is minimum payment only a percentage of the thing you bought

@@mindfulnessorganix1588 yes

Lollll

You pay interest on a credit card if you don’t pay off your balance. So only purchase stuff you can pay in full like gas, bills or groceries.

@@JuniorFigueroaStreet I got 2 credit cards now I keep it 20% spending max on both credit score went up think I need another credit card now

Build credit

And avoid paying interest

The point of credit cards is because they can in fact provide a layer of protection against scams and fraud. Thats why I use them

I do the same cause during the pandemic i did it since my trip i tried the min paymen it did not make much a dent so i pay only 5k a month and that made a dent ill be finished within this year

A lot of people use their credit card like it was a debit card so they only spend the amount they were going to use in the first place

There’s no excuses , you can literally buy a pack of gum and wait till your statement date , and once your statement is established for that month pay it off in full which would be like 2 bucks and you’d build credit . You don’t have to spend hundreds to thousands of bucks to build credit

Dude not everyone is like that. Shit happens and you need to spend more than you wanted to.

Well, there's beginner's out there who don't know what they're doing, Cut them some slack!

there was a time when you didn’t know this shit either

Yeah so if you make a purchase of $100 but your minimum is $27, that $100 will be paid off over some months then with their added interest you’re actually paying more than the initial $100. Pay statements in full. Don’t spend more than you have or can afford is key for credit cards