Charged a late payment fee, for paying too early!

katejo

opinions4u wrote: »

In summary, you made a mistake. You didn't understand how this credit card works.

The problem is all credit cards work this way.

It's not to try and catch you out. If you paid before the statement was issued you paid against the previous statement, not the latest statement.

Absolutely! If that payment made on the 25th (prior to the 2nd) had cleared your whole balance, you would not have been penalised as there would be nothing to pay.

faceuptoit

pqrdef wrote: »

When the statement is issued on the 2nd, it tells you to pay a certain amount by a certain date. If this could be satisfied by a payment you've already made, which is already shown on the statement, why would it ask you to pay again? Why wouldn't it just say "you have already made your payment, nothing further to pay for now"?

Because not everyone wants to pay just the minimum payment each month...? The OP should have changed the billing date so that the payment becomes due after his payday, and then set up a DD for however much he wanted to pay.

redpete

pqrdef wrote: »

When the statement is issued on the 2nd, it tells you to pay a certain amount by a certain date. If this could be satisfied by a payment you've already made, which is already shown on the statement, why would it ask you to pay again? Why wouldn't it just say "you have already made your payment, nothing further to pay for now"?

Because CCs require a minimum payment each and every month, not random amounts that over time will average out to at least the minimum monthly amount.