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| Credit card billing cycle available credit question?
I have a citibank credit card and the way it works is I only have $2000 per month to spend, and I cant make any early payments to have my credit line go back up. I have to wait for the end of the billing cycle for my payment to be posted and the credit line to go back up. Is this standard for all cards? I was under the impression, if for example, I made a charge for $100 on Monday, I could pay the credit card off on Tuesday, then have my available credit go back up instantly. Thanks in advance |
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