 TITLE: Is It Better to Pay My Credit Card Bill Weekly or Monthly? CONTENT: Making Multiple Payments Can Help You Avoid Late Payments\n---------------------------------------------------------\nYou're not required to wait for your monthly statement to make payments on your credit card; you can make a payment at any point in the month, either to cover your full balance or part of it.\nThe best reason to do so is to avoid late credit card payments. Since payment history is the most consequential factor in your credit score, a single late payment can lead to a drop in your score. Paying off your card early—by paying the minimum amount early in the month, for instance, and the rest of your balance later—means you won't pay a late fee.\nTo ensure you never miss a bill and make every effort to pay off the entire balance each month, consider setting up autopay with your credit card issuer. You'll choose a linked account, such as a checking account, and an amount to pay each month. One of the easiest options is to instruct the issuer to automatically transfer your full statement balance from checking to your card account. This way, your statement balance will always reset to zero for the following statement period. However, if there's a chance you won't have enough money in your account to cover the payment, this is not a good option. Instead, you could set up autopay for the minimum payment, then manually make extra payments throughout the month.\nIn either case, it's crucial to confirm that you have enough money in your linked account to avoid potential charges for overdrafts. END