My direct debit is set up to clear the balance on my credit card in full each month, and my DD usually comes out 14 days following the statement date. As I get paid on the 5th of the month I’m wondering whether to have my statement date before/after my pay date.
Is there a certain strategy everyone adopts with regards to when their credit card statement comes out? Before payday? On payday? After payday?
I’d be keen to hear others’ thoughts on the matter.