My bank allows me to pay off any portion of balance at any time, even if I have not received my statement for those purchases yet. I'm wondering if the frequency, amount, or way that I pay off my balance can affect my credit score, and how (assuming that I'm always paying off statements in full every month and therefore accruing no interest)? Specifically:
- AutoPay vs. paying manually
- Paying off balance every few days (manually) vs. paying off balance once a month after statement arrives (manually)
- Paying off ONLY statement balance (manually) vs. paying off all purchases including those that haven't hit a statement yet (manually)
Right now, I just use AutoPay, but I'm wondering if this could be bad for my credit score, or if I can improve my credit score by paying off my balance more frequently to maintain a lower average balance over time.