In this video, we go over when to pay your credit card bill to avoid interest and when to pay your credit card bill to increase your credit score! Trying to read a credit card statement may seem like a challenge, but this breaks down a credit card statement. Click "Show More" to see Ad Disclosure.

Hopefully, the example credit card statement in this video will help you to know the terms and the best time to pay a credit card. If you are someone that is looking for how to build credit and when to pay off a credit card, then this information will be extremely useful!

First, we break down the most important dates to know from one of my Chase credit card statement such as the billing cycle, statement opening date, statement closing date, and payment due date. Next, we go over the amounts to understand such as the statement balance, current balance, and minimum payment due. And finally, we answer some common questions that many people seem to have about their balance, credit utilization, but most importantly, when to pay a credit card bill!

Make sure to check your own credit card statement to compare it to mine by rewatching this video if you need to! There will always be some differences between timelines and wordings for each credit card issuer. I hope this information is useful in terms of credit cards for beginners and credit cards for people that may have struggled with credit in the past!


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*These offers are subject to change. The current offers are listed as of the filming of this video.

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DISCLAIMER: Some of the card links and other products that appear on this website are from companies which Daniel Braun will earn an affiliate commission or referral bonus. Daniel Braun is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as CreditCards.com. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does not include all credit card companies or all available credit card offers.

The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.

Daniel Braun is not a financial advisor. This video is for entertainment and educational purposes only, it is not financial advice.

More Videos From My Channel:    / danielbraunofficial