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Originally Posted by soma
Question: I got a credit card with my bank recently, and I pay it very frequently (it's all online which makes me happy). This is so I know just how much money I have in my checking account so I won't overspend. Now, because each month, I carry a balance of $0, does that mean I'm not building any credit history?
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Not necessarily. Your credit card company should be reporting that you carried a balance and have made the payment on time for that month. To be extra safe, though, you could pay down most of the balance, leaving a few dollars on there instead of paying it off completely, waiting until you get the monthly statement to pay if off all the way. I would imagine you could still have a pretty accurate figure as to what your checking account balance will be at the end of the month if you know that you only have approximately a $5 balance on your card.
If you have any more questions, just let me know!