![]() ![]() But if this does happen accidentally, you may be able to contact your card issuer and ask to have any late charges waived as a courtesy. And of course, your credit score could be impacted by late payments. If you pay late, you may be incurring costly late fees. Plan on paying your card on the same day each month to avoid possibly missing a payment. Pay on the Same Day Every Month. According to the CARD Act of 2009, credit card bills must be due on the same date each month, so at least these dates will be predictable. ![]() Many card issuers offer automatic payments via your bank account each month, so you don’t have to fear you will forget a payment. Pay Electronically. Paying your credit card bill online forgoes the stamp and envelope, and posts the payment faster. ![]() You can also set up alerts or reminders to track your spending, help you to protect your account and even to be reminded about rewards and offers. Take Advantage of Free Alerts. With Discover, you can sign up for alerts such as payment posted, statement available and minimum payment due. Handle your credit card paymentsĬonsider these tips for ensuring your monthly payments keep the good credit going. It helps to know everything you can about how credit cards work, including the following: 1. At the same time, cardholders may want to consider how much to pay beyond the minimum when submitting their monthly payment. Today, many online tools can help ensure cardholders don’t miss any payments in their Discover billing cycle (and other cards too). Your credit score, as well as your overall budget health, can take a negative hit if you miss a payment, or pay late, as late fees and penalty interest rates may come your way. Credit card payments are due on the same day every month. ![]()
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