This is not true

Sep 10, 2024
3:55:46pm

Traveling Coug Contributor

This is not true

Not sure what you are doing, but it has nothing to do with the account hitting zero at any point during the billing cycle. It has everything to do with any unpaid statement balance when the account cycles the day after your due date.

This message has been modified

Originally posted on Sep 10, 2024 at 3:55:46pm

Message modified by Traveling Coug on Sep 10, 2024 at 3:56:25pm

Report problem with this ad

Traveling Coug

Bio page: Traveling Coug
Joined: Sep 4, 2011
Last login: Sep 19, 2024
Total posts: 436 (1 FO)

Report problem with this ad

Messages

Author

Time

Credit Card interest calculations and terminology

Tricky

Sep 10, 2:36pm

You only have to pay the statement balance to avoid interest

SalmonOfCapistrano

Sep 10, 2:37pm

That's always been my assumption. Wanted to confirm.

Tricky

Sep 10, 2:38pm

All you need is automatic payments of statement balance. I haven't paid interest

Powerbait DPM

Sep 10, 2:44pm

The only exception is if you were foolish enough to do a cash advance

Traveling Coug

Sep 10, 2:44pm

If my account has a day ending zero balance at any day during the billing cycle,

rmsenior

Sep 10, 2:59pm

This is not true

Traveling Coug

Sep 10, 3:55pm

You got a thumbs down because it's a bold statement to state something is not

rmsenior

Sep 11, 8:36pm

typically your due date is a few days before the end of the subsequent billing

SalmonOfCapistrano

Sep 11, 9:24pm

I am not wrong

Traveling Coug

Sep 12, 10:49am

With regard to MY card account, you are WRONG. I'm not speaking of any others.

rmsenior

Sep 12, 11:01am

Worst cc story ever

my4boys

Sep 10, 5:00pm

Wow, that sucks. Id have told them to waive the interest or I’d cancel the card.

Posting on CougarBoard