I’ve been using credit cards so many years, and I didn’t know how banks charge interest on the balance very well. Recently I found this crazy trick, and I couldn’t help writing about this.
This is a copy from my last month credit card.
Previous Balance $1,086.15
Payment, Credits -$1,300.00
Purchases +$1,157.39
Interest Charged +$18.84
New Balance $962.38
Did you notice somethin