Just paid off my credit card but is it wise to use it and just pay it off each month so I can build credit?

Whether you use your credit card each month and then pay your balance in full or choose not to use it at all, the account associated with this card will be reported to the credit bureaus as being current and in good standing.   The first approach will teach you how to manage credit responsibly but requires more discipline than does not using your credit card at all.   The difference between these two approaches as they affect your credit score is marginal so do what’s best for you.

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While our content is based on our extensive knowledge and experience of the credit card industry, this information is intended for general educational purposes and should not be relied upon as the sole basis for managing your finances.

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