![]() ![]() The CARD Act, passed in 2009, only requires card issuers to keep your due date on the same date each month - either your original due date or your new one if a card issuer honors your request for a change. However, federal law doesn’t require card issuers to move payment due dates simply because you ask. Many card issuers honor requests to move due dates for customers. You may be able to change your due date by calling your card issuer and asking. If you don’t see an option to change your due date online, that doesn’t mean you’re stuck with the one you have. Certain issuers may have other restrictions on some dates, like no due dates on weekends. You’ll also only be able to select due dates from the 1st and the 28th of the month, because those are the days that all months have in common. Some issuers may only allow you to change your due date once every three billing cycles, or every 90 days. There are occasionally some restrictions. It will also let you avoid interest charges on purchases. ![]() This will help your credit scores by keeping your credit utilization down. We recommend paying your balance in full each billing period, rather than just the minimum amount required. Your minimum payment will now be due on the new date. ![]() You may need to set up a payment method before you can choose a due date. Just find your card issuer below and follow the instructions. Late payments will have a very negative effect on your credit scores.Ĭhanging your due date is a pretty simple process. To be sure you never make a late payment: You can move your due dates back to give yourself a bit more time to pay.To align with your pay day: If you’re waiting on a paycheck to pay your credit card bill, you may want to move the due date back so you have the funds ready and waiting in your bank account.Separating the due dates may make budgeting easier and encourage you to pay more. This may tempt you to only pay the minimum amount for your credit card. To separate your due date from your other bills: On the other hand, if all your bills arrive at once, it could be overwhelming.To sync up your due date with your other bills for convenience: It can be easier to deal with multiple bills if they are all due at the same time each month.You may have one of these reasons to change your due date: Most of the major credit card issuers will let you do this, and it’s usually easy to do online. It can make paying off your credit cards a bit easier and more convenient. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.Did you know that you can change the payment due dates on your credit cards?īeing able to pick your own due dates gives you more control. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. Regarding comments: Comments posted at the bottom of Frequent Miler pages and posts are not provided or commissioned by the bank advertiser. Any opinions, analyses, reviews or recommendations expressed here are the author’s alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. Advertiser partners include American Express, Barclays, Capital One, CardRatings, One Mile at a Time, Bilt, and .Įditorial Note: The editorial content on this site is not provided by the credit card issuer. Frequent Miler has not reviewed all available credit card offers in the marketplace. This compensation does not impact how or where products appear on this site. Frequent Miler has financial relationships with many of the cards mentioned here, and is compensated through the credit card issuer Affiliate Program. Advertiser Disclosure: FrequentMiler is an independent, advertising-supported web site. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |