I have a Chase Student Mastercard with a $300 limit and Ive already spent around $250. I've had my credit card for a week. Am I able to send payment anytime (like within a few days as I have $150 Id like to send) so that I can use my credit card again?
2007-04-18 10:01:32 · 20 answers · asked by Racin Girl 3 in Business & Finance ➔ Credit
Ive never received a statement yet, since I just got it a week ago. I have 0% interest for year...so I dont have to worry about that...I just want to get the credit down a tad bit.. Thanks :)
2007-04-18 10:12:52 · update #1
of course you can
2007-04-18 10:04:13 · answer #1 · answered by laura 2 · 1⤊ 0⤋
Credit card companies will always accept your payment, regardless of when it's due.
But, if you make a payment today, and the credit card company prints out your monthly statement tomorrow, then you will still have to make a minimum payment later on.
Give it two days to post, then you'll be able to use the card again.
It's best to pay on line. That way, it gets processed faster, and you don't have any doubts as to whether they got it or not.
2007-04-18 11:21:11 · answer #2 · answered by Anonymous · 1⤊ 0⤋
My card will only allow 1 on-line payment per week. I can pay any time I want. Be sure to make at least 1 payment between the statement date and the due date listed on the statement. Other than that, I've never heard for them refusing a payment.
2007-04-18 13:12:05 · answer #3 · answered by STEVEN F 7 · 0⤊ 0⤋
You can make a payment anytime you want, as long as it is before the due date. Sometimes charges don't get posted to an account before a statement goes out, so it's best to wait for a billing statement. Also, you will then know where to send the payment, and the person opening your envelope will know what the payment is for, when you include the payment slip with the check.
2007-04-18 10:21:10 · answer #4 · answered by regerugged 7 · 0⤊ 0⤋
Can a fat baby poot? Of course you can pay on your credit cards anytime. There is typically a 1 payment per 24 hours limit, but that's the only restriction. Also, if you make all your payments on time each month and never exceed your limit, most credit card companies will automatically increase your credit limit in about six months.
2007-04-18 10:08:40 · answer #5 · answered by VH 2 · 1⤊ 1⤋
Absolutely! The best thing a young person can do to gain credit is to pay his or her credit card balance in full every month. Also, if you pay it early, you will avoid the accumulation of interest. Most mortgage banks require a minimum of three lines of credit over a five-year period. One of these lines should be an installment loan-like a car loan. The other lines could be signature loans at a bank or credit union or credit cards.
The main thing to remember is you should be able to pay your credit cards off in full before the end of your grace period. Many people make the mistake of budgeting according to the minimum payment due. This is the trap that credit card companies lay for young people. Inevitably, the interest on your account will grow throught the peocess of continuous compounding. However, the constant charge and pay off program you propose can only leave you in great shape to finance anything you wish to once you have the income to justify larger purchases.
2007-04-18 11:24:36 · answer #6 · answered by deopressolibernow 2 · 0⤊ 1⤋
Almost sure that you will find all financial solution at: loanhome.info-
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I have a Chase Student Mastercard with a $300 limit and Ive already spent around $250. I've had my credit card for a week. Am I able to send payment anytime (like within a few ...show more
2014-09-18 06:10:39 · answer #7 · answered by Anonymous · 0⤊ 5⤋
Yes. However, if your payment for a particular cycle is received after the stated due date, you will likely incur late payment penalties and a mark on your credit record.
2007-04-18 10:05:39 · answer #8 · answered by Nancy 4 · 0⤊ 0⤋
Yes you can make a payment anytime. Please be aware though that you will still have a minimum payment due after your statement prints. Also there is a 5 day waiting period between electronic payments.
2007-04-18 12:04:52 · answer #9 · answered by Smilinez 2 · 0⤊ 0⤋
Yes you can. I recommend paying online. That way, it posts to your account sooner so you have credit to use again sooner. You also don't risk it getting delayed or lost in the mail.
2007-04-18 10:11:44 · answer #10 · answered by calliope320 4 · 2⤊ 0⤋
You certainly can!!
You should be able to go to www.chase.com and access your account from there to make a payment.
2007-04-18 13:26:46 · answer #11 · answered by Amanda S 2 · 0⤊ 0⤋