It should have no effect on your credit. As long as every payment is made before due.

I do this, has a small positive benefit of lower utilization, but that’s not a significant reason to pay them off weekly.

I do this when we have a large charge on the card. For example we bought new appliances for about 5K in June and I paid it off within one week after the charge was posted.

We do not like to run high balances on the credit cards. (we already have the cash before we buy big item stuff)

You may find these links helpful:

• Credit Building
• Credit Reports
• Credit Scores
• Credit Cards

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I always pay early, sometimes twice a billing period if I don't feel like paying it in full the first time. My credit hasn't been affected negatively, can't say if it's been affected positively. The bank keeps increasing my credit limit though, trying to get me to make larger purchases I guess.

I just pay on the app whenever it shows a balance. I have two credit cards and my utilization rate is 0-1%. This has very much helped my credit score compared to when I carried a balance.

The only time it is not 0% is when there is a payment pending when my statement comes out, but it doesn’t change my credit score much, if at all.

If you’re monthly payment is after the billing cycle ends, yes.

Edit: paying off weekly would leave you with a lower statement balance, so that would otherwise have a positive effect

You should consider charging up to 50% and then letting that balance be billed, then pay that off. That shows good credit usage.

If you need more credit than that 50% then ask for more credit.

Paying it off weekly does absolutely nothing for you.