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Tesco Credit Card - interest payments?

Zingarakj · 2012-12-16 11:15:00

We use our Tesco Credit Card for all our purchases to get points and then pay our bill off in full. We pay the minimum payment by direct debit and then pay the remainder manually. The month before last I paid on the due date, but for some reason my bank didn't pay it in the normal faster payment 2 hours, but for the next…

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Hominu Posts: 1,671 Forumite

16 December 2012 at 1:31PM

I have the due date for paying my CC on my calendar as the statement date, if I'm busy and don't get around to it, it doesn't matter, I have approximately another 20 days to actually make the payment. This does mean that most of the time I'm actually paying early, but it does mean I don't get late payment fees or interest.

Paying on the due date itself is just asking for trouble IMO.

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Tesco Credit Card - interest payments?

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