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A Tax Tip from Schwartz's Systems Corporation
Free Tax Tip No. 322: Pay off Credit Card Return to
List of Tips

A large cost saving measure is to pay your credit card as soon as you receive the bill. Sometimes, it can take as long as three days for the company to credit your account once they receive your check. If you mail your payment too close to the due date, you will then receive a late fee and incur additional interest. This is money just thrown away.


 
This information is provided in an effort to help you gather and organize the information necessary to file your individual or small business income tax return. While these financial tools are not a substitute for financial advice from a qualified professional, they can be used as a starting point in your decision making process.