<prompt> Human: So what Ive been doing for the past 6 months since I got my first credit card is check my bank online every other day or so. I send money to my card the moment my Current Balance goes above 0. I never get an email going paperless saying how much I owe every month because I do this. I know that you dont actually have to watch your credit balance like a hawk--you can just pay it all off once a month. When is that? After the Next Statement Closing Date on July 9th? Then why is the Minimum Payment Due on July 7th?Also, from this, how is the credit utilization rate calculated? I know its supposed to be balance divided by credit limit but since I never carry a balance I have no idea about my rate. It it how much I charge on the card in a month anywhere from 50 to 500?I also, er, asked for a credit limit earlier today because everyone on the Internet says its a good idea about six months after opening a card. They gave me an extra 1200. Thats good, right?  <response>: By paying all the time you are missing one of the big advantages of credit card payments and thats predictable cash flow smoothing. Basically, its a lot easier to plan if you know you want to send all the money out of your account on say the 1st of the month. You just let the money sit there until then. Also, if there is a problem with a transaction, let the bank sort it out, dont send your own money after it. 