Jump to content

First Credit card payment date


Recommended Posts

So I got the capital one platinum card. My due date is the 21st of each month. If I use my card between the first of the month and the due date will it be due on the 21st? Or will it be due on the 21st of the next month? Please any help would be great as I'm kinda confused

Link to post
Share on other sites

So I got the capital one platinum card. My due date is the 21st of each month. If I use my card between the first of the month and the due date will it be due on the 21st of the same month? Or will it be due on the 21st of the next month? Please any help would be great as I'm kinda confused

Link to post
Share on other sites
3 hours ago, BenB said:

So I got the capital one platinum card. My due date is the 21st of each month. If I use my card between the first of the month and the due date will it be due on the 21st? Or will it be due on the 21st of the next month? Please any help would be great as I'm kinda confused

 

With a due date of the 21st, your statements will be issued approximately on the 1st of each month.   So, if you began using your card this month (February), your statement would be issued on March 1, with a payment due by March 21.

 

Similarly, if you don't start to use the card until after March 1, your first statement wouldn't be issued until April 1 with payments due April 21.

Link to post
Share on other sites

You will receive a statement at the end of each billing cycle.

 

Your first statement will show all of the transactions that posted during the date range covered by the account statement.  Date range is shown here with a green box.

 

The box in magenta shows your balance and the date the payment is due.  If you always pay the amount shown as New Balance by the Payment Due Date you will pay NO fees or interest.  

 

Don't get sucked into making the minimum payment (crossed out here with a red X).  This is a terrible habit, and it's what causes interest to start piling up, making everything you buy a lot more expensive. 

 

 

F1ZKbRI.png 

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.




  • Member Statistics

    • Total Members
      180,269
    • Most Online
      2,046

    Newest Member
    LemonPreserves
    Joined
×
×
  • Create New...

Important Information

Guidelines