Do you know the best day to use your credit card?

Knowing the best day to use your credit card is ideal for controlling your spending. Read on to learn more!

Did you know that there are better days to use your credit card? Using it on a bad date can throw your finances into disarray, as you'll have less time to pay off your expenses.

So, what day is it and how do you find out? What is the best day to buy with a credit card??

Keep reading and find out! See our index below:

• What is the best day to use your credit card?
• How do I know the closing date of my invoice?
• After the invoice closes, can I still buy?
• Is it possible to purchase on the invoice closing date?
• What is the best due date for the invoice?
• How to avoid losing control of your credit card?
• Conclusion.

What is the best day to use your credit card?

Also known as “best shopping day”, all credit cards have a special period to make your purchases.

As long as you have available credit, you can use your credit card on any day you want. However, if you use it on the correct date, you will have 30 days to pay the bill.

Additionally, you can close the bill for a lower amount, something that won't affect your finances.

Your credit card has two important dates, one is the statement closing date, the other is the invoice closing date.

Typically, one occurs 10 days after the other. For example, if the invoice closing date is the 30th of each month, the due date/payment date will usually be the 10th.

In this way, the best day to use your credit card is the next day after the closing date.

This is because expenses recorded after this date will be included in the next invoice, not the one that has already been closed.

Therefore, it is always important to know the closing date of your invoice to find out the best shopping day.

Depending on the situation, you can wait for the invoice to be issued to make another purchase, as you will have more time to pay.

Below is a table to help you better understand how dates work.

Invoice closing date	Best shopping day	Invoice due date
30/04/2022	From 01/05/2022	10/05/2022
10/05/2022	From May 11, 2022	20/05/2022
05/05/2022	From 06/05/2022	15/05/2022

How do I know the invoice closing date?

If you can track your credit card spending through the app, your digital account will show you the closing date.

However, if you still receive a printed invoice, the one that arrives at your home every month, it will tell you the day your invoice is due.

Just check it. It's usually very close to the expiration date.

After the invoice closes, can I still buy?

Yes. If you have available credit, you can shop with peace of mind. However, there's one advantage: purchases will only be debited on your next bill.

Is it possible to purchase on the invoice closing date?

Yes. However, it may be debited from your current invoice, so you'll only have 10 days to pay for the purchase made on the invoice closing date.

If you can wait until the next day, you'll be buying at a good morning to use the credit card.

In this case, you will only pay this expense after about 30 days, that is, on the next month's bill.

What is the best due date for the invoice?

In most cases, you choose the best date to pay your bill.

However, choose a date after your payment, at least 3 days after it is deposited.

This gives you time to organize yourself and avoid problems if payment is late, for example.

It's worth noting that you can change this date, so if you realize you haven't chosen an appropriate date, request a change from your bank.

How to avoid losing control of your credit card?

Best day to use the card credit: image/ Canva

The first step is to always keep an eye on your billing date. Try to spread your credit limit so it lasts the entire month and you don't have to use an overdraft.

Additionally, keep your card expenses to just 30% of your income. For example, if you earn R$$2,000.00, your bill shouldn't exceed R$$600.00.

The best way to use your credit card without losing control is to have control over your finances and your credit limit.

Therefore, it is important to have a plan, so you know everything that comes in and goes out and what the limit is for using your credit card.

Avoid splitting your purchases into multiple installments, as you may end up paying more interest. Credit cards should be your ally, so it's important to know how to use them, especially if they offer you some benefit.

Take advantage of the miles program, cashback, referrals, and partner discounts to save or even earn extra money.

Don't use your credit card limit as if it were a salary; it should be used to support your financial life and bring you some benefits.

Incorrect use of this product can cause you some headaches, such as over-indebtedness and default.

So, start making your purchases at best day to use your credit card.

Conclusion

Anyway, did you enjoy discovering the best day to buy your card? Now, never make a mistake again and always pay attention to this date.

This financial product can be of great help and bring many benefits, so use it correctly to avoid being left without it.

If you don't have a credit card yet or want to save your limit, did you know that you can buy home appliances in installments?

Read the text and find out more!