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Credit card payment
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Martin_Judson
Posts: 1 Newbie
If I pay for something on my credit card, will it appear on my January statement to be paid. Or will it appear in the February one
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Comments
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It all depends when your statement is produced. You have a regular statement cycle and anything purchased between those 2 dates appears on the next statement with the exception that it may take a couple of days to be cleared so a purchase very close to the statement date may be carried over to the next one.
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Nobody can answer you unless you tell us what day in the month your statements are generated on. Its not done by calendar month1
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The credit card billing cycle works like this as an example
Spend on day 1 January
Statement is produced on day 19 January which includes the spend
Statement must be paid by day 10 February
or
Statement has been produced on 19th January
Spend on or after day 19 January
Spend appears on 19th February statement
Statement must be paid by day 10 MarchSam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
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