Really stupid question.

[NewSurrender]

Okay, bear with me, dumb question, I know.

So the statement closing date for my Discover is today (May 27th). That's the date I need to pay by to avoid paying interest, right? I have 4 pending transactions though. I know that if those transactions are still pending by the time the statement cuts that I won't have to pay interest on them. But what if one of them posts later today, at say, 11 PM, and I don't notice it. Is there a grace period to pay the balance without being charged interest? Say, 24 hours of the statement closing date? I already have several hundred dollars of payments throughout the month, so there's no "Payment Due".

I also have a pending payment. As long as the I made the payment before the statement closes, it'll count as paying before, right?

[LS2982]

---

@NewSurrender wrote:

Okay, bear with me, dumb question, I know.

So the statement closing date for my Discover is today (May 27th). That's the date I need to pay by to avoid paying interest, right? I have 4 pending transactions though. I know that if those transactions are still pending by the time the statement cuts that I won't have to pay interest on them. But what if one of them posts later today, at say, 11 PM, and I don't notice it. Is there a grace period to pay the balance without being charged interest? Say, 24 hours of the statement closing date? I already have several hundred dollars of payments throughout the month, so there's no "Payment Due".

I also have a pending payment. As long as the I made the payment before the statement closes, it'll count as paying before, right?

---

You have about 23 or more days grace perios after the statement closing date to pay off the charges before accuing interest. Read your T&C for exact timeframe.

[kevinjjc]

To avoid paying interest, you just need to pay the statement balance by the due date. This only applies to regular purchases, cash advances accrue interest immediately once it posts.

ETA: Discover's cash over is not considered a cash advance.

https://www.discover.com/credit-cards/member-benefits/cash-over-purchases.html

[Crashem]

Bt usually start accruing interest ASAP too. Give system a couple days and it should list whatever is due. Also once statement is generated, you can pull copy online.