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Originally Posted by WarChild
If you're carrying a balance on your credit card already, then yes I think it's probably better to pay it down, then buy the ticket. Here's why:
If you don't pay off your purchases on each bill, you begin to accumlate interest charges, while cash advances charge interest from the day they're taken (just so you know). If you pay $1000 on your credit card, and then buy an airline ticket with the credit card, you should in theory not pay anymore interest on that $1000 balance you've paid off, until after your next billing date.
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Exactly! I always run my balance up and pay it off and slowly over the years went from a 3k limit to a much more substantial one by calling each year and finally got into the double digits last year. Just takes time and paying your bill, more than just the "minimum payment" each month.
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