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A question

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If you have a DD set up for paying the minimum amount and you pay the difference manually to make full payment when due (be it on the same day or next for example).
Will the credit card company see it as the same as full statement balance payment and not apply interest, or as something else and therefore apply interest?

Thanks

Comments

  • [Deleted User]
    [Deleted User] Posts: 35,242 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    If you clear in  full and have not been carrying a balance previously, interest will be waived, as lonf as there are no cash transactions.
  • born_again
    born_again Posts: 20,350 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    So long as it's paid in full before the due date then no interest will be applied.

    The only thing that can mess it up is if you have a retailer refund. As they are ignored as payments by some card providers.
    Life in the slow lane
  • All cards are cleared by habit. Just set up minimum DD for them in case I miss a full manual payment. 
    Cheers 
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