Barclaycard moved payment date forward by 5 days

CannyJock

vet8 wrote: »

Exactly! It always annoys me when posters on here say smugly that a DD is the only way to pay your credit card bills.

Would be a pretty poorly informed poster that says it's the only way to pay your credit card.

Definitely lots of us who think for the majority of people (i.e. not NickX ) it's the safest way to pay.

Yes, there are potential issues with it that people need to be aware of. These get a fair share of coverage on the threads .

The only way you can disregard payment due dates for anything, whether it's a credit card and paid by DD or not is to have so much money in your current account that the dates are meaningless.

The closer to the wind your financial ship sails, the more diligence you need to crew it to avoid the nasty reefs. Think I've taken than analogy as far as I can

Moggles_2

jamesperrett wrote: »

There is a difference between paying off in full every month by DD and paying the minimum payment by DD. The latter is a very sensible thing to do for most people as it prevents any missed payments. I found some old credit card bills the other day and noticed that, despite thinking that I'm reasonably well organised, I regularly missed payments before I set up my DD. I wouldn't want to pay off my whole balance by DD unless I was trying to use a credit card like a debit card.

Yes, I use a combination of online payments and DDs, just in case the unexpected happens.

For instance, a friend was rushed to hospital a while back and we were faced with hunting through his flat for his cc statements, none of which were filed behind the clock on the mantlepiece, as he thought.

YorkshireBoy

vet8 wrote: »

This poster has shown the major drawback of DDs.

Unless I'm missing something here, the poster in question didn't check his statement to see when the payment would be collected.

Instead, he assumed it would be on such and such a day. And that's the root cause isn't it?...not the fact that he was paying by DD?

td_007

I fully accept that the view of posters who say that it is our responsibility to check the payment due date and make sure it paid manually or have funds available for the dd to go through. However, we are trying to make our lives simpler and the only way one can take advantage of say direct debit facility is if we can be 100% sure that the funds will go out on a particular day and accordingly make arrangement to pay. It is no use if one has go through individual statement to see if the company is trying to catch you out with with yo-yo payment dates. This scenario is no better than 5 years ago when you had to physically look at statements to know how you owe and when to pay. A facility is only good if it useful and in a way Barclaycard are trying to subvert the system while hiding being their t&cs.

vet8

YorkshireBoy wrote: »

Unless I'm missing something here, the poster in question didn't check his statement to see when the payment would be collected.

Instead, he assumed it would be on such and such a day. And that's the root cause isn't it?...not the fact that he was paying by DD?

If you look at the post I quoted you will read that the poster in question paid by DD every month and still got caught out. He was not the OP.

alidai

If the OP got a letter through the post saying ( in big writing) :

YOUR PAYMENT IS DUE THIS MONTH ON THE 10TH!!!!!

would that be acceptable?

Is this not just a case of people not reading their statements and assuming that they say the same as they always have???

YorkshireBoy

vet8 wrote: »

If you look at the post I quoted you will read that the poster in question paid by DD every month and still got caught out. He was not the OP.

Thanks for that vet8, so I didn't miss anything then...it doesn't matter how you pay your bill, you still need to check the statement to see either:

a) what date they'll take the payment if you have a DD set up (and so you can ensure you have the necessary funds available in the current account), or

b) what date your 'payment by other means' has to reach them by.

At least we're in agreement. Direct Debit, as a payment method, is not the issue here. The common denominator, the aforementioned root cause, for both the OP and the person you quoted, is their failure to check the statement when it arrived.

td_007

YorkshireBoy wrote: »

The common denominator, the aforementioned root cause, for both the OP and the person you quoted, is their failure to check the statement when it arrived.

As mentioned in my previous post, setting up a direct debit should be an assurance that payments will be taken and that they will be taken on a pre-decided day. Therefore, I should not need to look at my statement with regards to payment due date. One can always argue that t&cs allow for companies to change the date, but that is in fact a crafty way to catch people out. The analogy that I can think of is driving at a crossing with traffic lights. When it is green you do not stop look left and right before driving through because you know there is assurance that you have the right of way - this is what I would consider similar to setting up a dd. On the other hand if one is at a round-about, one does not take for granted the way is clear (I hope so), one ensures before proceeding - this similar to not setting up a direct debit, I need to look when a payment will be taken. As customers we should not be finding excuses for companies to get away with subverting the system under the cover of t&cs.

vet8

YorkshireBoy wrote: »

Thanks for that vet8, so I didn't miss anything then...it doesn't matter how you pay your bill, you still need to check the statement to see either:

a) what date they'll take the payment if you have a DD set up (and so you can ensure you have the necessary funds available in the current account), or

b) what date your 'payment by other means' has to reach them by.

At least we're in agreement. Direct Debit, as a payment method, is not the issue here. The common denominator, the aforementioned root cause, for both the OP and the person you quoted, is their failure to check the statement when it arrived.

I agree that people should check their statements carefully when they arrive, I have learnt that myself the hard way, but if you have a DD set up and the payment date is moved forward so that the money is now due to be taken from your bank account before you get paid then you are stuffed. I am sure I am not the only person who does not have spare money lying around. Even if I know they will take the DD on the 25th for example I cannot get my hands on extra money to pay it before I am paid. I am sure that applies to loads of people.

As td_007 says when you have a DD set up you expect the money to leave your account on a set date as all of mine do. That is one reason why I do not have DDs for my credit cards.