What happens when I make a purchase on my credit card’s payment date?


credit card payment
Manuel Z asked:


For example, if my credit card payment is due today but I make a purchase, does go onto next months billing cycle?

http://1mortgagecalculator.info

3 Responses to What happens when I make a purchase on my credit card’s payment date?

  1. Judy
    June 20, 2009 at 10:35 pm

    Yes, you will pay for it next month.
    Go by the closing date, not by date due.
    The closing date is the date they stop billing and send you the bill in the mail.

    Be careful if you are using someone elses credit card – they will find out.
    /

  2. Tara
    June 23, 2009 at 1:34 pm

    Yes I think it would have to. It takes time for the charge to get back to the billing department and then to send it out to the credit card owner.

  3. bdancer222
    June 24, 2009 at 11:12 am

    The payment date is just the date your payment is due. What will show up on your next statement is based on the closing date which can be a month before the payment date. The closing date is the end of the billing cycle.

Leave a Reply