<prompt> Human: My credit cards due date is the 16th of every month. Its now the 14th. The last couple transactions made Sunday evening have not yet been posted. I make a payment as soon as I see an updated balance posted. But it takes days for an updated balance to post from the time I make the transaction. Do the cc companies do this on purpose so that if you make a purchase on it within 2 days of the due date, youll be carrying a balance on the card because they take 2 fucking days to post and another day to process your payment to the card? If they do this on purpose, is it smarter to stop using the cc once it gets to within about 3 business days of the due date? It seems like because of the delay in posting transactions they want to make it likely youll be carrying a balance and be forced to pay APR. Should I just not use the cc when it gets close to the monthly due date to avoid this?  <response>: Thats not how it works anyway. There is a statement period, then youll be issued a statement, with a due date, balance and min payment. Its the balance on the statement that must be paid in full to avoid getting charged any interest. So exampleOn May 10th, I buy a 2,000 plane ticket. On May 31st the statement period closes and I am mailed emailed, whatever a statement with a balance of 2000, a min payment of 50 dollars and a due date of June 15th. On June 12th I buy another plane ticket for 500 dollars this will go on the next statement. On June 15th I pay off the 2000 balance and am charged no interest. 