credit card payment due date

Angry_Shopper_2

MBNA has changed the payment due date meaning late charges can be levied. It did not give 30 days notice so is in breach of the notice period.

This is another scandal waiting to happen.i happen to have two credit cards one set the date for the 18th Feb and the other 17th Feb, meaning my standing order paid on the 18th was late. Important to note i hadchanged my bank details ON there website on the 8th Feb.

Alas they need 20 days notice to accept changes to direct debit but only have to give me 10 days,statement date plus 4 days postage , due date the 17th.

Anyone else had this experience?

jo-bo

How long have you been paying it on a set day? Never use a standing order to pay your credit card, at least if its d/d then the prerogative is on the bank/credit card provider. If you want to pay more than the minimum then set up a d/d for minimum payment only and have standing order as a top up.

StuC75

also with Direct Debit they credit it to your account when they start the payment claim (and takes x days), whereas a Standing Order is at the Whim of your bank (re weekends etc) and will only credit when they receipt.. Have DD Set for minimum payment and never have another worry about late payments.. Make additional payments online which will usually go through FPS and be quicker..

molerat

SO is rarely suitable for paying a CC as the due date is not normally fixed. Over the past 3 years my MBNA has a statement date of 22nd - 26th and a due date of 13th - 17th and without looking too hard at my calendar they seem random and are not getting closer to each other over a period of time. Change to DD and [STRIKE]look at[/STRIKE] carefully read your statement when it arrives. I am confused how they have "changed a payment due date" as the due date is variable and clearly printed on each statement. My Cap1 on the other hand always has a statement date of 7th and due date of 22nd.

Angry_Shopper_2

I have been paying min payment by direct debit plus top up by standing order since oct 2012.

The reason i was caught out is because i changed my direct debit on th 8th feb, they say on the website it takes upto 20 days to come into effect, and make other provisions in the meantime.

My payment made by standing order more than covered it,however with them changing the direct debit date to one day before it was now late by one day, all previoys months it was the 21st.

Interestingly i have just received march statement dated the 1st March on the 6th, this document says set up a direct debit but doesnt say allow 20 days.

Cut to the chase they havent given 30 days notice to change the payment due date. They can choose the date, this is accepted, but cant ignore their other clause which states they will give 30 days notice.

jonesMUFCforever

Personally I don't think they have done anything wrong.

Cell

I've checked through my recent MBNA statements and find that they've been issued on 1st to the 4th of the month, with payments dates similarly different.

Therefore I can't see that they've 'changed' the date unless there are varieties of cards which have different rules.

Should be easy enough for the OP to check their past statements to see if this is reflected on their account.

Different cards have different rules. Barclaycard issues on the xth working day of each month which can be as late as the 5th if Good Friday falls on the 1st (*if the first was your chosen statement date, of course).

guesswho2000

Cell wrote: »

I've checked through my recent MBNA statements and find that they've been issued on 1st to the 4th of the month, with payments dates similarly different.

Therefore I can't see that they've 'changed' the date unless there are varieties of cards which have different rules.

Should be easy enough for the OP to check their past statements to see if this is reflected on their account.

Different cards have different rules. Barclaycard issues on the xth working day of each month which can be as late as the 5th if Good Friday falls on the 1st.

Barclaycard openly state that their statement date varies, and that the due date is sooner if there is a DD in place to pay in full. Mine's always been somewhere between 20-27th of each month.

opinions4u

Angry_Shopper wrote: »

MBNA has changed the payment due date meaning late charges can be levied. It did not give 30 days notice so is in breach of the notice period.

I have had credit card for nearly 28 years. The due date invariably changes every month.

This is another scandal waiting to happen.

Is it? Or did you not understand the terms and conditions that you signed up to? Or is this simply a case of changes instigated by you messing things up?

exel1966

Angry_Shopper wrote: »

MBNA has changed the payment due date meaning late charges can be levied. It did not give 30 days notice so is in breach of the notice period.

This is another scandal waiting to happen.i happen to have two credit cards one set the date for the 18th Feb and the other 17th Feb, meaning my standing order paid on the 18th was late. Important to note i hadchanged my bank details ON there website on the 8th Feb.

Alas they need 20 days notice to accept changes to direct debit but only have to give me 10 days,statement date plus 4 days postage , due date the 17th.

Anyone else had this experience?

Nonsense ! Just where is the problem here ? Is this for real or just a new poster T !

guesswho2000

opinions4u wrote: »

I have had credit card for nearly 28 years. The due date invariably changes every month.

Is it? Or did you not understand the terms and conditions that you signed up to? Or is this simply a case of changes instigated by you messing things up?

Indeed, also, surely the due date is clearly displayed on the front of each and every statement? Or maybe I've just been lucky...