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Originally Posted by Jason762
Thanks.
I thought of another question:
If I need to make a big purchase, one that would go over my 50%, how would I go about that?
I was thinking a solution would be to calculate the price (example: $ 700), and with the next bill I get, send in the amount due plus $ 700. Estimate when the bill will arrive (what, 3 days?) then make the purchase. They already have the money so it'd paid off instantly. Will it work?
I thought about purchasing the gear separately, but those motorcycle helmets can cost over $ 500.
What’s your recommendation?
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I'd suggest paying for a portion of it with cash. If your limit is $1000.00 and you're making a seven hundred dollar purchase, bring two or three hundred with you in cash and use a combination of the two to pay it off.
However, if it is unavoidable, I guess that sending in payment before making the purchase would be your next best option. It depends on your credit card company's policy. Some companies will simply give you a credit for the amount, others will immediately return any overpayment to you. If the latter is the case, send in the payment, but make sure that you use it before they process the payment.