We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
does Crediting account before statement count?
bigfishman
Posts: 17 Forumite
in Credit cards
hi,
I have a virgin credit card , first purchase mid julyish , i credited my account before my first statement came in august, Then statement came, and i made the payment a day too late and got charged a late fee(think ive also lost my promotional rates too), could i argue that the payment i made before the statement came should of counted towards it? as i have checked my barclaycard statements over the last year and i have payed credit into the account before a statement comes and the credit just counts towards the "minimum payment" so i wouldnt have to make a further payment, this isnt the case with virgin?
many thanks,
I have a virgin credit card , first purchase mid julyish , i credited my account before my first statement came in august, Then statement came, and i made the payment a day too late and got charged a late fee(think ive also lost my promotional rates too), could i argue that the payment i made before the statement came should of counted towards it? as i have checked my barclaycard statements over the last year and i have payed credit into the account before a statement comes and the credit just counts towards the "minimum payment" so i wouldnt have to make a further payment, this isnt the case with virgin?
many thanks,
0
Comments
-
I'm afraid that with most (maybe all) Credit Cards you are required to pay at least the Minimum Payment during the payment cycle from the Statement Date until the Due Date.
Payments before the Statement Date are not usually counted as a payment for that payment cycle.
I'm not sure why you would have been able to do this with Barclaycard unless you were continually one cycle ahead meaning that next month's payment counted for this month's payment cycle.
You could tell them that you didn't realise this and as its a "first offence" they may revoke the penalty and re-instate your promotional rate.
Good Luck.0 -
ok many thanks.0
-
i went through all my barclays statements and im correct in what i said, maybe somehow i ended up a cycle ahead as you said.
If anyone is interested, i called them, and a nice gentlemen said as its my first time he will make sure all my promotional rates stay intact
0 -
bigfishman wrote: »If anyone is interested, I called them and a nice gentlemen said as it's my first time he will make sure all my promotional rates stay intact
Congratulations & thanks for keeping us posted
:beer:People who don't know their rights, don't actually have those rights.0 -
bigfishman wrote: »If anyone is interested, i called them, and a nice gentlemen said as its my first time he will make sure all my promotional rates stay intact
Well Done on getting it sorted :beer:0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.8K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.2K Spending & Discounts
- 246.8K Work, Benefits & Business
- 603.4K Mortgages, Homes & Bills
- 178.2K Life & Family
- 260.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards