📨 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!

Barclaycard Shortens Payment cycle if you clear balance

Options
Hello!
I have recently discovered barclaycard (platinum flexi) have changed their rules regarding paying your balance in full. Normally a credit card payment cycle is over a 28days/1 month cycle. However when I paid my august balance in full due by 3rd September, I received my next bill due on the 23rd September. When I queried this with barclay card they told me, if a customer cleared a balance their next bill would be due after 20 days, making two payments due in a month. When I queried if this was just, given that people usually get paid monthly, and it would catch them out!!!!I was advised to take up the matter with head office, and write a letter. I am just wondering if this is fair practice and service, and if anyone else has had this experience.

Comments

  • sillyvixen
    sillyvixen Posts: 3,642 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    thanks for this i have just paid my (large) balance in full - fully expecting to be put on taking me up to the balance paid date. but i have just checked my payment date and it has moved forward a week... clearly they hope you will not ralise and make a 'tecnically' late payment so as they can sting you for more. untill your post i would have paid the interest on the usual date - i did not even check.
    Dogs return to eat their vomit, just as fools repeat their foolishness. There is no more hope for a fool than for someone who says, "i am really clever!"
  • That is sneaky business Barclays!!!

    So you set up a DD yo pay in full then they take it out without you being paid hoping to have no money in the bank..... Tut Tut
  • BenL
    BenL Posts: 3,189 Forumite
    I will be keeping any eye on on this as they are just taking over my Goldfish card. Might be a very short relationship!
    I beep for Robins - Beep Beep
    & Choo Choo for trains!!
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.