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change of credit card repayment date - will this mean 2 payments?

ChillyP
Posts: 61 Forumite

in Credit cards
Hi
I have changed my credit card minimum payment direct debit from 10th to 28th of each month. The August Direct debit left my account on 10th this month. Payments will be taken on 28th from now on.
Does this mean that I will pay on August 28th as well as the payment I have already made on Aug 10th, or will it be September 28th?
Thanks
I have changed my credit card minimum payment direct debit from 10th to 28th of each month. The August Direct debit left my account on 10th this month. Payments will be taken on 28th from now on.
Does this mean that I will pay on August 28th as well as the payment I have already made on Aug 10th, or will it be September 28th?
Thanks
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Comments
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It depends on when they generate the next statement.
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I wouldn't have thought that you could unilaterally change the DD date without adjusting the statement date too? In other words, the payment on the 10th would have been for a statement generated a few weeks before that, so have you received any more statements? It's not unheard of for DD changes not to be reflected immediately, so you need to check on each statement whether or not it states that it'll be paid by DD collection....0
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I will depend on when the change is made as the CC co needs time to activate the DD and has to give you notice of how much is going out when.I’m a Forum Ambassador and I support the Forum Team on Debt Free Wannabe and Old Style Money Saving boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.
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⭐️🏅😇0 -
ChillyP said:Hi
I have changed my credit card minimum payment direct debit from 10th to 28th of each month. The August Direct debit left my account on 10th this month. Payments will be taken on 28th from now on.
Does this mean that I will pay on August 28th as well as the payment I have already made on Aug 10th, or will it be September 28th?
ThanksLife in the slow lane0
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