Do you pay early??

Ken N Tx

Ken N Tx

MALE
Location
Texas
My Credit Card statement comes 3 weeks before the due date. I pay, in full, 7 days before it is due.

Do you hold yours or wait?? No credit for paying early but sure jump on you if late!!
 

I always pay in full, rounding up to the nearest dollar. And I get it to the post office as soon as possible.

Why?
Well I round up for check and check book ease. The extra pennies are credited to your next bill.

And I take them directly to the post office as the mail service is slower than it once was, and more importantly we have had USPS drop boxes vandalized over the last few years.

Goodness, it amazed me to find out people were breaking into USPS property drop boxes! That's a federal offense and growing up the US mail was something close to sacred. But, those values are pretty much long gone.
 
My credit card is one bill I don't have on auto pay. The reason being I like to look over the statement before it's paid, just in case there's an unauthorized charge.

Then I authorize payment for three business days before its due date.
 
When the bill comes in I pay it online and can adjust the date it gets sent out. For paper bills, I try to pay within one or two days...they generally are due within a week anyway. I want them done and out of the way. I always pay credit card bills first since they carry a big penalty if late.
 
For many years back in the day when I was trying to be tight and save every penny I could for when we got to be old farts (like we are now) and just live on 'X' a month I'd arrange all the monthly bills by the due date and pay accordingly.....first due first serve.

Now if a bill if a bill arrives in the mail today, for anything no matter the due date, there is a check in the mail the next day......and yes I still pay by checks.
 
C50 said:
My credit card is one bill I don't have on auto pay
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Yeah, same here
Reason being it comes due 21 days after transactions, not 30
and I'm too lazy to inquire about autopay due dates with them

So, I camp on it til I see it show up on the acct, then pay it

I don't use it much
Maybe once ever six months
I only keep it for the credit rating
 
John cycling said:
My Fidelity credit card is always paid automatically on the last day that it's due.
I double check the statement when it arrives in the mail. Also it gives 2% cash back on everything.
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Yes, I like my Fidelity card, also Capitol One and I pay as soon as I get the statements online and I have checked them......with my memory, I'm afraid if I don't pay as soon as they come online I'll forget.
 
The funds are removed automatically on the day they due. I checked it when it arrived. For a store card, I check it and pay immediately. Don’t want to forget, though it’s usually not much.
 
We get paper billing statements in the mail for most bills, my wife writes checks and mails them within a couple days. Of course they all want you to sign up for auto-pay so they get paid sooner, and so(I suspect) some service providers can sneak in added charges, figuring the customer is less likely to take the effort to log-in to their website and examine the actual statement.
 
We make electronic payment for Water bills. The USPS has gotten so slow of late that payments a day or two after receipt is usual.
 
In the old days before autopay, I would usually pay a CC bill right away. Nowadays with autopay I normally have things set up for the CC to take the payment on the due date.

But, after years of only using one CC, this past year I added two new CCs and reactivated one I hadn't used in a long time, so now it depends -- the card I reactivated I only used once and I manually paid early because I don't plan to use that card (considering it a backup card).

The new CC that I plan to use a few times a year for large expenses is going to autopay itself from my Fidelity account, so I set it to pull three days early (just in case I forget to have enough cash and need a couple days to sell bonds and let the funds settle).

And the fourth card is a Home Depot card that I only signed up for to get the credit $$ they offered, but now I have to replace my washing machine / dryer, so I gotta figure out how to set up a specific monthly payment amount (will be taking advantage of a "no interest with 18 months to pay" offer).
 
All mine are on auto-pay. Yes, the statements come about 3 weeks before the due date. But all the auto-payments are scheduled on about the same date the statements usually get here...just by chance. I mean, I wasn't thinking about that when I scheduled the payments; I was thinking about when my checks get deposited.
 
My credit card accounts let you fix the monthly date you have to pay. They are all on the same date. A week before the "have to" date, my calendar notifies me, and I check and pay the cards. I also have auto pay, which would pay on the "have to" date. I was in the hospital, and when you're in the ICU, paying credit cards is not something you're thinking of. And if you're anything like me, those will certainly be the days you're in the hospital- Murphy's Law. When you get out you don't need a credit card problem.
 
Credit card we opted for snail mail delivery so we can check the charges. I used to do this but absolutely involve my wife since it falls into the catagory of knowing what to do as a widow. Payment is made same day via online banking since there is no value in delaying until last day amount is due.
 

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