end of billing cycle?do I still get all of my MR pts if IO do this with my amex charge card? Also, since it is a charge card, do I really need to wrry about paying it off before the end of the billing cycle, as I have been told MANY times and MANY places that it does not count toward your utilization. Is this correct or no. I have a feeling since I have never used rewards cards before so my utilization was always at 0$ then using my rewards cards now instead of debit cards and showing a balance every month, may hurt me ALOT? What do you guys think?
You will still get your mr points even if you pay off before the closing date - i do it all the time. From my experience: Having a balance on a charge card DOES hurt your score - when i stopped revolving balances on my Amex charge card - my score went up. That was my experience, in any case.
