Hoping some experienced users can help me understand how to repay properly without incurring fees. My understanding is that you have to pay off the balance of your statement by the due date to avoid monthly fee/interest
So say I made a purchase Mar 15 for $700. Mar 31st statement generates. I need to pay the $700 by April 30th in full to avoid any extra charges
If I make another purchase of $200 Apr 15th, is that moved onto my next statement? or is that also due by the April 30th to avoid the monthly charge?
Confusing myself a bit. More used to credit cards paying them in full before due date. Thanks for any clarification that anyone can provide!