We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Word to the wise...
Comments
-
-
When you make a payment it is in effect a full or part payment of the previous statement balance.
Therefore I think that it is correct to apply payments first to transactions which have appeared on a statement.
Only then, when the previous statement balance has been paid in full and there is money left over, should the payments be applied to transactions which have not yet appeared on the statement.0 -
In fact, IMO, section 6.1 is not clear. It uses the term "statement" but doesn't say if it's monthly statement or current online statement.
There is no current online statement. There is a monthly statement and a 'Transactions' section which shows unstatemented transactions. So by their terminology it would mean the monthly statement.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.6K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.1K Spending & Discounts
- 246.7K Work, Benefits & Business
- 603K Mortgages, Homes & Bills
- 178.1K Life & Family
- 260.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards