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MBNA Direct Debit
superfast808
Posts: 29 Forumite
in Credit cards
Hi All,
Sorry a bit of an MBNA newbie.
I have a direct debit set up. On my statement for June it says 'your payment will be collected by direct debit on or after 04/07/2015'. As this is a Saturday, what happens with this? Does it get collected on the Monday as an on-time payment?
Surely with the due date being the 4th, this wouldn't class as a late payment?
Sorry a bit of an MBNA newbie.
I have a direct debit set up. On my statement for June it says 'your payment will be collected by direct debit on or after 04/07/2015'. As this is a Saturday, what happens with this? Does it get collected on the Monday as an on-time payment?
Surely with the due date being the 4th, this wouldn't class as a late payment?
0
Comments
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Your understanding is correct.0
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Hi
Thanks for the reply. Puts my mind at ease.0 -
superfast808 wrote: »As this is a Saturday, what happens with this? Does it get collected on the Monday as an on-time payment?
The DD will be taken on the next working day (Mon 6th), but will be credited to your account on the due date (Sat 4th).0
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