So I got my first ever credit card!!! and the bank tells me NOT to pay it off

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The lady who got me set up tells me NOT to pay off the balance every month....and to let my charges carry over.

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You gunna get raped

If anyone ever invites you on a snipe hunt, turn them down..

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If anyone ever invites you on a snipe hunt, turn them down..

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You only go snipe hunting once. Unless you're an idiot and then you go twice. Or you're a bitcoiner and you 3 times

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so my best bet is to ignore her, find out the exact date my bank reports to the credit agency, and pay off my balance every month well before then??

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This is only important if you need a quick short term bump because you are buying a car or something.

And in fact, from what I hear the reporting agencies like you to have around 10% utilization optimally for that.

Otherwise, just pay it off every month.

What I do is pretty much all my expenses are on my card so I just dump my discretionary portion of the weekly paycheck on the card.

Im guaranteed to pay off the past month's balance before the due date, even if I have a balance at the end of the month.

So no interest charges.

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I have 0 interest the first 12 months

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In that case you have no reason to pay more than the minimum amount. It costs you nothing.

Just be sure that you set aside enough to pay the full amount when the 12 months is up.

It is actually good advise while there is no interest.

I checked my credit report not too long ago and I was wondering why it was lower than I expected. I had a "C" grade under credit utilization because I always paid my bill every month. If I would have kept a balance of 2-10% a month, I would have had an "A".

You get your friends together and ask to go snipe hunting, but also say best time is right at or right after dusk.

We always had a group and one or two new guys who got the brunt of the joke.

We'd all go out together, then either leave the new guys there just wandering around and go back to camp or wander off and hide and then scare the crap out of them.

No fire arms involved, all you needed to catch the snipe was a bag (pillow case) and maybe a stick.

You can hunt snipe in a season however we never did during the season.

It was entirely a joke on the new guys to us, watching them aimlessly wander for hours around the field with a light from the porch or campfire, haha.

As I understand it, credit utilization isn't month by month averages.

It's your current utilization.

Your score can jump 50 points one month, and go back down 50 points. It doesn't matter if you had 2-10% for a year, it only matters what you have NOW

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I checked my credit report not too long ago and I was wondering why it was lower than I expected. I had a "C" grade under credit utilization because I always paid my bill every month. If I would have kept a balance of 2-10% a month, I would have had an "A".

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I want to expound on this a bit so people aren't confused.

What you are wanting is for the credit card company to report a balance (the numbers I saw are 1 to 4% utilization rate, but who the frick knows).

Anyways, this DOES NOT mean to incur interest charges by not paying your bill in full. What it means is when your billing cycle closes, you want the credit card company to say you owe "X" dollars instead of $0. You will then pay that X amount before your next reporting date, when again, through various new charges you will leave a little bit to "report" once again.

Some of the credit sites I frequent will have their credit card report something like $2.01 so that it registers as 1% utilization rate. This appears to be a little overboard with trying to game your score and probably unnecessary once you are over a 720 score, but it exists.