So I recently got a card that offers 3% cash back as a statement credit towards the next month's credit card bill. I was thinking of using it to pay nearly all my monthly expenses (~ $1800/mo) to get the statement credit, and then pay the card off completely before its due. My credit is pretty good, and even if I used the card for everything and then paid it off, I wouldn't be anywhere near my credit limit ($9K). Would this be a good idea, or would I damage my credit score? Have any of you guys tried this?
Submitted May 27, 2019 at 10:25AM by BP4044 http://bit.ly/2XcRTCE
