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Pay in full every month.

• chrisseaton 7y ago
  You’re still using the credit until the end of the month though?
  • PhantomGremlin 7y ago
    Yes you are, but if you pay in full every month then you don't incur any interest charges. It's a free loan from the credit card company to you. In the past, people who paid in full every month were called "deadbeats" by the card issuers because they were far less profitable than those who carried a balance.
    • chrisseaton 7y ago
      The top tier of cards, like AmEx, are usually (not always) charge cards, so they don't structure their business off interest, instead they go for throughput and earn off merchant charges.