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capital one card, repayment question

allan673
allan673 Posts: 1,213 Forumite
Part of the Furniture 1,000 Posts Combo Breaker
hiya,
has anyone got the capital one cashback card at all?

im just wanting to know how you pay the balance each month,do they just send you a monthly statement?
then i would like to pay it fully each month via my internet banking.

is this ok and possible as i dont want to set up a direct debit to do this, cant see any repayment options on the application form.
(P.S DO YOU GET CASHBACK MONTHLY OR ANNUALLY WITH CAPITAL ONE???)

many thanks !!!
:confused:

Comments

  • leicsmarkyr
    leicsmarkyr Posts: 560 Forumite
    allan673 wrote: »
    hiya,
    has anyone got the capital one cashback card at all?

    im just wanting to know how you pay the balance each month,do they just send you a monthly statement?
    then i would like to pay it fully each month via my internet banking.

    is this ok and possible as i dont want to set up a direct debit to do this, cant see any repayment options on the application form.

    many thanks !!!
    :confused:


    Yes they will send you a monthly statement to tell you what you owe. And then you need to make sure the full balance is paid off before the due date. So recommend around 5 days minimum before that date.

    Why wont you use DD? Its more cost effective and you will not be prone to forget
  • allan673
    allan673 Posts: 1,213 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    just dont like too many direct debits, pay my utilities with them and mortgage, thats it.
    i would just rather pay it off in full each month myself without dd.
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