Have you ever done this when you’re using your online banking to pay your bills? Have you ever looked at the ‘pay minimum balance’ option when you’re about to pay your credit card, and decided that paying the minimum balance is a great option because it keeps money in your pocket for longer? If this is how you pay your credit card, then you’re falling into the most dangerous trap that credit card companies set for consumers, and you NEED to stop doing that! Watch this episode to learn why it’s necessary to pay your credit card in full, and why it’s important to pay your credit card on time. Learn how to pay your credit card bill properly to increase your credit score, and when to pay a credit card bill to avoid interest. This is your how-to guide to using and paying for your credit card online.