Quote:
Originally Posted by Saul Good
So if someone charges $20,000 per year with an average float of 15 days while earning 1.25% interest, they make $125 per year. It seems like more trouble than it's worth, but that's just me.
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I don't disagree with that. It's really not a big deal though. When I make the payment online, I just change the due date. That's really all it takes.
To be clear, though, my philosophic difference with R8ers is much more about the "never use credit cards" idea (due to the rewards and benefits) than the "when to pay your credit card bill in the course of the month." The latter is a matter of pocket change. The former can be very significant.