When asked for how much you spend every month on CC

May 18, 2015 · Re: When asked for how much you spend every month on CC. This question is usually optional so I leave it blank . I was asked how much money I spend on a credit card each month and this was the first time I have been asked this question. I said $400, - 4015001.

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$400
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When Asked For How Much You Spend Every Month On CC

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myfico.com

$600
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CLI Question / How Much Do You Spend On CC's A Month

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Sep 4, 2016 · I say just answer the question honestly. If there are months when you can/have spent $600 with your card (s) tell them $600. They should be able to verify that by looking at …

myfico.com

90%
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How Much Do You Charge To Your Credit Card Each Month?

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We charge almost 90% of expenses to our CC because we get cash backs from it so that is pretty much all our monthly expenses. Breakdown: - Food: $1.5k - $2k a month. About $500-$700 for …

reddit.com

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How Much Should You Spend On Your Credit Card In A Month?

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Feb 13, 2024 · You should use less than 30% of a $5,000 credit card limit each month in order to avoid damage to your credit score. Having a balance of $1,500 or less when your monthly …

wallethub.com

85%
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How To Meet Your Credit Card’s Minimum Spend - Experian

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Aug 7, 2020 · One tool that might help is Plastiq, which facilitates credit card bill payments. Since it charges a 2.85% transaction fee, it's probably not a good idea to use Plastiq frequently, but it …

experian.com

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How Much Of My Credit Card Should I Use? - NerdWallet

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Feb 15, 2024 · Keeping your credit utilization at no more than 30% can help protect your credit. If your credit card has a $1,000 limit, that means you’ll want to have a maximum balance of …

nerdwallet.com

$5500
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"How Much Will You Spend Each Month On This Credit Card?"

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Jun 3, 2023 · Card - $5500 / Capital One Savor One- $5500 / TD Bank - $5000 / Mercury - $5000 / Capital One QuickSiver - $5000 /SDFCU Secured - $4990 / Ally Master Card - $4300 / …

myfico.com

$2000
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Credit Card Statement Balance Vs. Current Balance - WalletHub

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Jun 11, 2024 · Your current and pending balances add up to $2,000. Subtract that from $5,000, and you have your available credit: $3,000. Every time you make a purchase, the amount will …

wallethub.com

$22
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Credit Card Spending Facts & Statistics 2024 - Upgraded Points

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Sep 13, 2024 · Key Facts and Statistics. The average value of a cash transaction is $22, compared to the average value of a credit card transaction at $57. ¹. Consumers used credit …

upgradedpoints.com

$500
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How To Hit The Minimum Spend (& Earn That Bonus) Responsibly …

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May 31, 2023 · But in order to earn that big bonus, you've got to spend a certain amount of money within the first few months: Typically between $500 and $5,000 over a three- to six-month …

thriftytraveler.com

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Credit Limit Guide For 2024: What It Is, How To Increase & More

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Jan 9, 2023 · A credit limit is the maximum amount of money a person can spend when using a credit card. For example, if a credit card has a credit limit of $5,000, then the cardholder can …

wallethub.com

FAQs about When asked for how much you spend every month on CC Coupon?

How much money do you need to spend on a credit card?

However, some credit cards require significant spending – $1,000 to $4,000 or more – in order to earn the bonus, which can lead to overspending and interest charges. Here's how to meet your credit card spend requirement without going into debt. What Is a Minimum Spending Requirement? ...

How often should I pay off my credit card bill?

You should pay off the entire statement balance on your credit card bill by the due date every month to avoid interest charges and possible credit score damage. For the best results, you'll also want to make sure your statement balance is less than 30% of your credit limit. ...

Can you spend money with a credit card?

Yes, spending with credit cards allows you to build credit, earn rewards, and track your spending. Keep in mind that when spending with credit cards, do not spend more than you can afford to pay off at the end of every month. What is a mobile wallet? ...

What is a minimum spending requirement on a credit card?

A minimum spending requirement is the amount of money you must spend on a new credit card in order to earn the welcome bonus. You typically get three to six months to spend the required amount. Julia Menez, a points strategy coach at GeobreezeTravel.com, says, "Most credit cards will require some kind of minimum spend to earn the welcome bonus." ...

Is your spending approaching your credit limit?

It’s extremely important that your spending not approach your credit limit because FICO—the largest credit scoring agency in the United States—factors credit utilization into its scoring in the form of a balance-to-available-credit ratio, and the lower it is the better. ...

How much money can a credit card holder make?

For example, if a credit card has a credit limit of $5,000, then the cardholder can make up to $5,000 in transactions on the card before they are unable to use it further. Once the cardholder has reached the credit limit, they must pay down their balance to regain spending power. ...