Regarding two-cycle vs. average daily balance FC method: is this an issue if you consistently carry a balance? Since you lose the grace period anyway, doesn't your interest clock start ticking on the purchase date? Sorry if this isn't clear - I know what I mean but don't know how to phrase it!
RE: To CreditWorks & Other I am not an expert. If you do carry a balance the two-month billing cycle will add finance charges faster than the one-month period. You do lose your grace period when you carry a balance. I don't have calculations to back this up, but I am pretty sure it is true. Profit from the experience. Our knowledge is from experience. http://www.creditsense.com