Rewards on Credit Cards?

Question

Question - do you still get your rewards for the month if you pay the balance off before you get a bill? I didn't know if they go off what you balance is at the end of the period, or they just go by the billing statement as to how much you bought that period equaling how many points or cash back you get.

So, does paying your balance before the end the period make it so that you do not get rewards on that part of the balance?

Thanks!

Answer 1

I have a couple of cards that give points and cashback that we pay off every month.  We receive the rewards based on what was charged.  Sometimes double the points when used to purchase from specific merchants.

Answer 2

You will get your reward points because they are calculated based upon the amount you charged. It wouldn't matter if you bought something on the first, and then paid off the entire balance on the second.

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