?? Work at Pickup Points � Flexible schedule

WHEN and HOW MUCH to Pay on Your Credit Card to Avoid Interest!

Lizbet Talks Money 106 views

Download Video

Comments

What is YOUR Credit Card Question??
Comment from : @lizbettalksmoney

So when I make a purchase it goes in as pending and I can’t pay it how does that work with the due date
Comment from : @christianwest6635

I pay buy my due date and I see a interest every month
Comment from : @sharonsenior8059

Muchas gracias 👍
Comment from : @luispalomino5514

cool TY
Comment from : @frankenstein3163

This was a uneducated video unless you're talking to PRESCHOOL KIDS!!!!!!!!!!!!!!!
Comment from : @Linda-ic1il

Basically it's a convoluted way of saying: "Pay your credit card bill in FULL every month"
Comment from : @chickywilly

If you don't pay the full statement balance, do you get charged interest for the full statement balance? Or just the portion you didn't pay off??
Comment from : @nammmansiu

Best video!!! You got straight to the point your intention is to help Have a blessed day ❤
Comment from : @schecheslife4969

I didn’t paid attention to what you said…Your beauty put me in a trance 😍😍😍😍
Comment from : @A-37Bdragonfly

Well no shit
Comment from : @CagedCreator

Best video simple and to the point❤️
Comment from : @schecheslife4969

Thank youuu❤
Comment from : @periux100

What if you can’t pay the complete balance owed at one time?
Comment from : @juliekeenum9143

Thank you for explaining
Comment from : @althavian

There's a reason why you don't have many subscribers It's because you don't actually answer it until 2 minutes into the video
Comment from : @cody5495

Best vid on this subject!
Comment from : @eddiefelton5286

They are changing to daily interest calculations How do you feel about that?
Comment from : @basedsavage1713

Thanks for making this short and sweet and straight forward!
Comment from : @hassanbale7844

Exactly what I needed to know! I had a feeling this was the case but just really wanted to make sure Thank you!
Comment from : @jmannUSMC

THANK YOU! I just spoke to capital one and trying to understand that was like a one year old trying to find their nose brbrNow i know Pay off your statement balance by the due date 😊
Comment from : @CruisinwithCoCo

but if you pay off your balance in full you will get a o balance and will not gain a credit point, believe me i just got my fico report and it say zero balance and my score did not move, you youtubers talkin with half of information , there 2 thing going on paying in full and leaving a balance , your balance is your utilization
Comment from : @coldfirebeats1

Yeah Ms Obvious here I think people are looking for the best way to pay off a credit card when you can't pay the full amount Waste of time
Comment from : @macfrankist

Useful and simple Good job thanks
Comment from : @adamtawheel6462

Thank you! I'm super frustrated as I did pay off my credit card before my due date and yet I still got charged almost $16 interest charges So what the heck are they charging me interest charges on?
Comment from : @TrishTansley

Good luck paying that statement balance on a maxed out card 😂
Comment from : @NeilRodríguez-z8k

Hi, Great video I owe 733 on my cardhow much of that should I pay?
Comment from : @carlapopper

Thank you for the amazing video! But I have a question I usually pay off my CC every week as soon as I get paid, but if I spend $1k 3 days before my due date, can I still be charged interest if I pay that 1 or 2 days after my due date ? Even paying it off every week ?
Comment from : @MilenaSouza-qo2yb

So I’ve been paying my CC on time but I always pay $20 to 30 dollars more than the minimum yet the bank charges me twice for interest in the same day Why do they charge me twice?
Comment from : @dennisramirez46

I have a question I just got off the phone with capital one, he told me my credit card is going to get charged interest every 3rd of the month He also told me what due date I have to pay it So can someone confirm if he is correct about it or if you are Liz ?
Comment from : @angelicaschubert1381

APR wouldn’t be such a problem if it isn’t too high
Comment from : @Lazy666Turtle

I pay my credit card off during the month and still charged interest as if it was a full balance
Comment from : @Wickedpissah138

You dum
Comment from : @lestandarddurire5902

I mean, duh
Comment from : @errepe3990

tell me why i have spent over 5 thousand in 9 months and spent less than $30 in interest with a 22 apr in 2023 ? i only pay off half every two weeks?
Comment from : @CenterinChrist

I didn’t find this video helpful! brI need more details, more examples You have Capital One, but others have different things brI have American Express for examplebrSo after the Statement ends, how much time do I have to pay if off, 30 days?
Comment from : @gheorghepirlici

you only have a credit card as you are unable to manage your finances it is a debt card
Comment from : @jonsnow6741

You are not right Its oversimplification Interest are calculated daily
Comment from : @Dusan56

Question so I have Bank of America My statement balance is 82346 same as current balance do I need to worry about statement or current because I’m freaking out because I need to pay down my current balance later on but I just scheduled to pay my statement balance today
Comment from : @Zachery5901

wow Min payment 160 I pay 294 Got hit with an interest fee 82 bucks but my late fee 30 dollars
Comment from : @brianscott6054

Im currently utilizing a credit card with Volocity banking and trying to determine the best time to chunk my personal spending budget on the card, the minimum is 105 but my personal spending budget is 1500 for the month, that includes gas, groceries, house hold items
Comment from : @datnohi8612

My fucking irresponsible ass brother not paying me back
Comment from : @ReggieCelestin

I pay every month before due date still get interest
Comment from : @sayblaze

Why are you making this type of video
Comment from : @beamreed2396

💩
Comment from : @aamirranagrg

Why this didn't work for me? brI have Capitol OnebrBalance Due was $8,68787brPaid total of $6, 700 by the Due date brNext statement got charged a $12243 APR on a balance of $5, 71116brSo frustrating I don't know how they do that brCan you explain this?
Comment from : @VeraCherevko

I swear I didn’t think it was that simple lol makes sense thank you
Comment from : @kilopo3030

How do we know how much we spend on credit card till now to waveoff anual fee for next yearbrcan any one suggest me calculation process
Comment from : @mahidharakailash4819

Awesome video, makes perfect sense, Now I have a better understanding on how this works, thank you for keeping it simple and straightforward 😊
Comment from : @DavidRivera-xb9mi

Thank you
Comment from : @nyking9876

I pay a week before the due date
Comment from : @Savage11798

I thought you had a secret, bcuz paying off the full balance is not one
Comment from : @yolliecurt

Thank you!!! I LEARNED THIS IN FIRST GRADE!!!!!!!!!!!!!!
Comment from : @Linda-ic1il

I wish somebody would do a video on what happens if you pay different percentages on your credit card by your due date Like if you owe $100 and you pay $75 by your due date What happens the next month if you still owe $25 or when your billing cycle ends And how does that affect your credit score? That's the type of video I'm interested in knowing how different percentages affect your credit score if you don't pay in full by the due date
Comment from : @princessandrez

help me , I did everything told brbut I try paying but it is telling me to pay this new thing i saw " interest saving balance " firstbrbr? what is this new thing ? i didnt pay late or anything what is this ? why do i need to pay this ? what is this
Comment from : @lasttwhisper

what about the statement DATE?? the one that gets reported? NO THE DUE DATE
Comment from : @hogg1media627

Useful information 👍
Comment from : @EsHaQ2024

I'm paying my credit card balance before due date My credit score is good I used to pay to tons of interests Is it good to pay the balance before the due date, since score is good? brI pay my car payment on time, that should help me increasing my credit score
Comment from : @EsHaQ2024

My is almost max out closing date is Nov 15 I will have like 200 payed off but I will owe 1300 still
Comment from : @DobleRocker

Thank you so much
Comment from : @sumasuma5648

bNow! Y’all won’t believe I got help from ⬆️⬆️🆙dude funded my account in few hours/b
Comment from : @LamoonInstagram-uy1cd

Thanks liz from England 🇬🇧 😀
Comment from : @deansmith4037

Hello, My wife made a mistake paying the minimum amount of the balance, how can we get rid of that debt to avoid paying interests? Thank you
Comment from : @frandineto

Let say my due date is Oct 1st and I've set my last statement paymentbron auto pay on due datewould that consider late payment by the credit bureaus
Comment from : @liljo911xxx

Silly question Just confirming that “new balance,” the same as,”statement balance,” correct? brbrPS love the video!
Comment from : @kbarajas7148

Actually to avoid getting charge any interest you have to pay the balance before the closing date, that is before the due date
Comment from : @adolfovilla5778

Hi! I applied for a credit card but the balance transfer fee is higher than expected plus the interest is high after the introductory period I tried to negotiate but they wouldbrNot budge I heard it’s not good to close the account brWhat happens if I don’t use it or activate the account?brI found another bank that has a better offer; however, I don’t want to put another inquiry on my credit How long should I wait until I can reapply for another card?
Comment from : @gabyflores8167

Thank you : )
Comment from : @dileo444

Suppose if you don't have money to pay full balance statement and you can only pay minimum due payment; will you still be charged with interest
Comment from : @Alphagirl3731

00:37 and step 3 at 2:40 are in direct contradiction to each other?!?
Comment from : @lizicadumitru9683

What is Purchase interest charge? (chase)
Comment from : @boknows6165

That has not been my experience, I called each of my credit cards ( citi, chase Discover) and each told me the same Each card has its own transaction cycle If you want to avoid interest you need to make a payment before the cycle ends sits a couple days before the due date
Comment from : @anagavilanes6976

Thank you for this i support u
Comment from : @RideWithJanex

You answered my question Watched 3 other videos & talked to my bank on the phone & didn't make it as clearbrbrPay full balance during month & you won't be paying interest Even if you continue to use the card during that month You've already payed the Statement Balance & the other funds accrued will show up on next month's statement 👍👍
Comment from : @stagbeetle195

Why the fuck you made this long video just to tell this
Comment from : @iamrohitkhatri47

What does purchase interest charge mean? Chase charged me a $47 fee even tho I made my payment 6 days early before my due date? I don’t understand, that’s also the first time
Comment from : @prettybutterfly333

This doesn’t seem to be working I was paying off my balance every monthbrbr I’ve consolidated 2 of my credit cards, my loan provider asked me the exact amount I had on one of my credit cards, I gave it to them, funds took 2 days to transfer, on those 2 days, an additional $35 were added to that card I was not using this card at all brI now had a balance of $35 after funds transferred Found it strange, 2 days later, it’s at $52 brInterests seem to accumulate on a daily basis Wtf 😠
Comment from : @PeaceNinja007

try to speak to the point
Comment from : @AlayKI5

Bed video ever no bullshit at all
Comment from : @Merrynibby

This was the perfect video thankyou
Comment from : @Gizzard4400

hi love the way you explain everything I WILL LIKE TO KNOW HOW DO I FIND THE DATE TO PAY MY WHOLE BALANCE BEFORE THEY REPORT IT TO THE CREDIT BURU SO I I SPENT 200 ON JUNE 5 HOW CAN I TELL WHEN TO PAY IT BEFORE IT SAYS ON MY STATEMENT I HAVE A BALLANCE THANKS I'M NEW
Comment from : @elijahdigg7567

She just told me what I already knew…
Comment from : @SWHATH

Thank you💐💗
Comment from : @cherylward5315

Thanks for making this so easy
Comment from : @ninasky7

Not rocket science If someone did not know this they should not have a credit card in the first place
Comment from : @honestnewsnet

I’m kind of confused because my December statement was 1,500$ and I made 2,000$ worth of payments but I still got charged interest on 3,000$ worth of purchases made in December on my January statement How does that make sense? Shouldn’t I have a chance to pay that off in January?
Comment from : @brandonwilson5727

203
Comment from : @jean19681

Wait, so we have to pay off our balance in full and not the minimum to avoid interest?
Comment from : @Hohzaye

I pay my credit card each month by direct debit from my bank account but my credit limit is reducing each month by the same amount?
Comment from : @iansmall366

What percentage of people can pay off the whole balance every month and when they can what is the purpose of having one in the first place?
Comment from : @TheTonyjara