How early is too early to pay CC bill?

Bluedroog

I remember getting stung not too long ago paying my credit card too early, I thought I was being very organised paying it two weeks early, then my due date came and I got a call from my CC company. I later changed the bill date to be closer to my payday and it wasn’t an issue again.

I now have a Nationwide CC and paid off a fair amount on 31st October, the due date is 6th, is that too early to pay?

Thank you.

miketaff1408

You probably got caught out the first time because you made a payment BEFORE the statement had been posted. So if you paid for example on the 1st October, and then a statement was produced on 5th October, you would still then have to make a payment for that statement as well as what you paid on 1st October. If you dont make another payment, then in the CC issuers eyes you have missed a payment.

If the due date is 6th, presuming you already have had a statement a few weeks ago, then no, the 31st would not be too early.

SnowTiger

Direct Debit is your friend.

FattyBettyBoo

Natwest seem to have a bigger window of payment than other cards. My statement gets produced on the 7th of the month and my DD goes out on the 1st of the month after. I usually get an email on the day that the statement is produced, and know it could be paid any day after that.

_Andy_

Bluedroog wrote: »

I remember getting stung not too long ago paying my credit card too early, I thought I was being very organised paying it two weeks early, then my due date came and I got a call from my CC company. I later changed the bill date to be closer to my payday and it wasn’t an issue again.

I now have a Nationwide CC and paid off a fair amount on 31st October, the due date is 6th, is that too early to pay?

Thank you.

Have you rung them and asked?

Gromitt

I always pay everything bar £5 on my statement date. The left over £5 is collected by DD.

Bluedroog

Thanks everyone.

I just gave them a call during my lunch break and all is fine, their cut off is the 12th, so anything after that and before my due date of tomorrow (6th) is fine.

slenderkitten

wow these companies sure are fussy, maybe they would change their minds if people STOP paying them at all, giving them a massive headache.

[Deleted User]

slenderkitten wrote: »

wow these companies sure are fussy,

Asking people to make regular payments on money they owe is fussy?

Wow.

cos_2

Glad you got it sorted, OP. I sometimes pay the full amount before the due date but still get the minimum payment taken off by DD (puts me in credit).

Much prefer that than getting a "fine"

londonTiger

not really, you should keep a log of your statement date. Then time your payments so at least the minimum is paid per month by their monthly timing.

unless you're paying in full of course.