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EscoDavis

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Take the 12 months before intrest starts or pay off right away?
Saved up the cash to make large buy[the full amount is in my savings].To improve my credit charged to new cc paid in full in 12 months no intrest. Should I pay over the 12 months or pay off right away?

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credit building fallacy

You do not need to have a balance on your credit card for it to improve your credit.  Here's why;  Most folks with great credit pay their balances in full each month.  Since most of them don't know when their credit card company is going to report they often have no balance showing on their card at the time its reported.  For example; if a Credit Card payment is due on the 5th of the month and the credit card company reports the balance after the payment has posted, that means these folks could show a $0.00 balance every single month.  Also, and this is very important; if you charged a balance at or near the credit limit you were extended, your scores will begin to tank!.  You're maxed out and it doesnt matter how much you have in the bank!  You should never carry more than 50% on you credit cards.  Actually you should never carry a balance at all.   Credit Cards should be used for their intended purpose only.  ...Reward Points!  

Some folks are going to tell you to wait it out because you're not paying interest and you're earning more in your savings account. If you decide to go that route just remember to at least get your card paid down to less than 50% of your maximum limit.  

Congratulations on saving all the money you needed to make your purchase.  Most folks dont do that.  

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