Paying on time but credit card says it didnt arrive on time?
in Stoozing: free cash from credit cards
6 replies 2.3K views
What is the legal position when you pay your monthly credit card by debit card on time but due to the machinations of the banking or postal systems (eg bank holidays, weekends) the bank still charges interest and late payment charges. The money left your account immediately? If you buy goods with a debit card, you dont need to return 2 days later ('when payment has cleared') to collect your goods? When you phone to beg with a customer services rep. they always relent? What is the legal 'paid' date?
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