Is it ok if I mail my credit card payment 1 day before it's due??

Question

I was planning on mailing it today, but i totally forgot today was Veterens Day and there was no mail today.

OH GOOD! I'm pretty sure i have a 6 day grace period, I just didn't know what that meant!

Answer 1

Yeah, but they could consider it late regardless.

Some companies have a 3 or 5 day grace period, though. It should be on your bill.

If you're unsure, and you REALLY don't want it to be late (even by one day), call your credit card company and see if they have any immediate payment options. Mine allows automatic bank drafts and also has a western union address, so we can run up to walmart, kroger, or any other place that does western union and pay it, and it posts immediately.

Answer 2

There is no grace period. The postmark doesn't matter. The only thing that matters is when the receive your payment. If you mail it one day before it is due you will almost certainly be late and pay a late fee.

Call them up and make a payment over the phone, they may charge you a fee for it but it is less than a late payment fee.

I haven't mailed a credit card payment in years, I use online bill payments. Fast and free. But do keep in mind that some banks actually charge a fee for same day credit card payments online so you still need to plan ahead. Don't wait till the last day to pay your bills.

Answer 3

I wouldn't chance it. Some credit card companies will put a 30 day late on your credit report, even if you're only a few days late.

You shold have a 1-800 number on the back of the card. It wil give an automated message, so you can pay by phone. If there isn't a number on back of the card you can look up the website of the creditor and they should have contact numbers for you there.

I used to be late on payments, just because I forgot to put the payment in the mail on time. I now pay all of my bills by phone. It's easy, they give you a confirmation number and your finished. It's easy and fast. Now, all my bills get paid on time.

Answer 4

Yes and no. Some companies have a grace period, some don't. Companies go by when "they" received the payment, not the date you sent it. Most credit card companies have either an option to pay by phone (see the 800 number on the back of your card), or by signing up for an account on their website. Some companies tack on a surcharge for this.

Answer 5

as long as you pay it off on time each and each month then you received't ought to pay any interest. in case you spend $250, you pay $250. until eventually Feb 08, you have not any interest no matter if you pay overdue, yet you nonetheless can't exceed your credit reduce. After that your interest will kick you contained in the you recognize what in case you do not pay on time. The $29 annual fee isn't so terrible yet i might want to tell them that you purely favor the cardboard in the journey that they take that off, they grant it without the fee and so do 1000's of different playing cards so why waste the money? as far because the money decrease back bonuses, your best wager to avert deceptive information is to ask the Capital One rep very particular questions over the phone, and browse your settlement even as they deliver it to you. do not use funds develop, there's no aspect and that is going to eat you alive. the purely ingredient it does is assist you get funds out of an ATM. The interest is larger and different prerequisites keep on with to boot. in case you do favor to get funds out of your card, flow to Wal-Mart, purchase a p.c.. of gum and once you swipe your card and the gadget asks you in case you want funds decrease back then say sure and get it that way. that is going to count number an similar as a purchase order. be confident to not spend over one-third of your credit reduce each and each month, apparently undesirable on your credit record. meaning, once you've a credit reduce of $600, do not spend more effective than $2 hundred each and each month. that can help you you get a larger credit reduce swifter, and could make you look to be a lot less of a legal duty to credit organizations even as thinking you for different lines of credit contained in the destiny. solid success!

Answer 6

Pay it through internet banking. And then call the company with your payment confirmation number, and to let them know you have paid it. That makes you look good, the payment not late, and everyone is happy :P

Also if your due date falls on a holiday, it actually isn't due until the next business day.

:P

Answer 7

what do you mean "OK?" it won't get there in time and you will be charged a late payment fee if that's what you mean. you can usually call them and make a payment over the phone, but most companies charge a fee for that, but at least you won't be late.

Answer 8

No. If they dont' get it on the due date, it's late. Now depending on your history/relationship with the company, they might not report it, but try paying online just to be safe.

Answer 9

not only will it be late - but if you look at your payment stub - you'll probably see something like "must be received by 1pm local time to avoid late fee."

Pay it on line

Answer 10

i think if its postmarked on or before the date it might be all right but im not that sure that is right but i send my payments like that and they never hit me w/ any late fees