Meet the Other Phone. Flexible and made to last.

Meet the Other Phone.
Flexible and made to last.

Buy now

Please or to access all these features

Money matters

Find financial and money-saving discussions including debt and pension chat on our Money forum. If you're looking for ways to make your money to go further, sign up to our Moneysaver emails here.

Question about credit card billing cycles and 45 day interest free period

2 replies

citybranch · 28/07/2014 14:49

Hello, I'm hoping somebody knowledgeable about credit card billing cycles will be able to answer this!

I've paid for a holiday online with a credit card today, partly to be covered by section 75 and also so I can hopefully split the cost over two pay days. It's a capital one card with the bog standard 45 day interest free period, (I believe it's the bill period plus 14 days until due date).

I checked my old statements and the last day of each bill is today (28th of each month). So payment due date is in 14 days.
Transaction is not showing on statement yet, it usually takes a day or two. My question is, do you think the transaction will be on my imminent bill (meaning I have to pay in full within 14 days to avoid interest)? Or will it end up being on the following bill, giving me the full 45 day interest period? Thanks!

OP posts:
TalkinPeace · 28/07/2014 15:12

that is up to the card company - you'll just have to cope with their choice

citybranch · 29/07/2014 16:23

Thanks! Got my bill today and it is at zero so looks as though I have until mid-September to pay.

OP posts:
New posts on this thread. Refresh page
Swipe left for the next trending thread