Accidental over limit - late payment marker

andyuk01

My own fault 

Completed a balance transfer on my Virgin credit card early in the day, made a few transactions in the afternoon 

Realised the next day I'd gone over my limit as I forgot about the BT fees and made a payment via the app

No issues with the fees, they were clear I just forgot to take them into account and I'll have been over my credit limit by about £100 for 12 hours or so

What are the chances of a late payment marker in this case? I'm guessing the answer is 'likely' just checking if anyone had any specific experience with Virgin in a similar situation 

TIA

[Deleted User]

It depends on timing - you'll need to wait and see.

More importantly is to determine if you've lost the BT offer (I'm assuming it was at 0% or a low APR).

Call them to find out and if it's been removed, apologise and beg for it to be reinstated. Hopefully, they'll show some goodwill.

born_again

Very unlikely as the card payments would not debit straight away.

It is when all the full debits take you over that it will incur charge/be reported. Just the fact you had a negative available balance does not count.

andyuk01

Thank you both, a brief call to Virgin and the advice was to wait a few days and see what happens, as it stands the BT offer is still in place but in the words of the agent, it can take a few days 

In terms of the overlimit

The spend that took me over my limit occurred late Friday, the payment that took me back under early Sat and yesterday due to the delay in pending transactions being processed the app showed me as over my limit yesterday, but with funds available 

I'll see how things go