Credit Cards Center Credit cards from our partners
Reply
Established Member
Posts: 16
Registered: ‎02-13-2008
0

Over payment question

By accident I paid the wrong card with my online bill pay. My balance now shows negative $400. It was not a problem. I caught it in time to pay the card with the balance. I was just wondering if I should charge to get rid of the negative balance? I know credit card companies hate when they have to send you a check for overpayment.

Senior Contributor
Posts: 4,923
Registered: ‎04-19-2009
0

Re: Over payment question


mrpeabody wrote:

By accident I paid the wrong card with my online bill pay. My balance now shows negative $400. It was not a problem. I caught it in time to pay the card with the balance. I was just wondering if I should charge to get rid of the negative balance? I know credit card companies hate when they have to send you a check for overpayment.


 

I would try to use your credit balance rather than have it refunded but I would not be in a rush to do so. If you take too long they will automatically refund you. As long as your account is showing some activity they will probably just let the credit balance sit there, I have intentionally created credit balances and allowed them to sit on my account for several months without an issue.
Valued Contributor
Posts: 2,708
Registered: ‎10-16-2008
0

Re: Over payment question

Can't you and Sherman take a little trip in the Wayback Machine to fix this?  :smileyvery-happy:   LOL
Highlighted
Super Contributor
Posts: 5,759
Registered: ‎01-28-2008
0

Re: Over payment question

Just about every month I always end up with a credit on one or two cards.  This month it's my State Farm card.  I have a $1.20 credit.  I'll use it to buy a .99 cents mp3 song from Amazon. 
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.