ULPT: If you aren't able to pay a credit card balance this month, buy something expensive and immediately return it. The credit from the return counts toward your current statement balance due.

I found this out by accident when I went to pay my Lowe's card balance and found my current statement balance due is $0.

I had bought an item, returned it, and repurchased the same item. Net change to total balance increased since I repurchased it, but my current statement due balance was covered and customer service confirmed I'll still avoid interest and the late fee even if I choose not to pay this month.

*Lowe's card uses Synchrony Bank. Other bank's policies may vary.

submitted by /u/catechizer to r/UnethicalLifeProTips
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