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Senior Contributor
Posts: 3,528
Registered: ‎01-19-2009
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Re: Walmart slow to process payment

[ Edited ]

Whenever I pay online I notice that it defaults to the bill due date and I manually have to change it to todays date...

Moderator
Posts: 13,758
Registered: ‎04-15-2011
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Re: Walmart slow to process payment

I've done that too, have to make sure I change the date to post now.   They take forever it seems.  I just had a thread on it about a week ago.



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Valued Contributor
Posts: 2,857
Registered: ‎06-08-2012
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Re: Walmart slow to process payment

I called them and they said balance will be updated tonight.


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Established Contributor
Posts: 554
Registered: ‎09-28-2012
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Re: Walmart slow to process payment

I am still waiting for my new statement to post that closed on 26



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New Contributor
Posts: 82
Registered: ‎04-05-2011
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Re: Walmart slow to process payment

After going around in circles with GECRB, this is what I've learned.

 

1. Only make one payment per statement period. They have pointed out that it is in my agreement with them that they can hold subsequent payments up to 21 BUSINESS days. (and they will, even if you "push" it through from your bank)

 

2. My statement cuts on the 17 (or 18th or 19th) every month. I make darn sure to have that payment made by the tenth. Then, I don't touch it until it cuts. This severely limits my use of their card, but I don't like the games they play.

 

3. As stated earlier, when making a payment, make sure to double check the date that you are setting it for. It will revert to the payment due date. 

 

4. If they can find a way to trip you up, they will. 

Moderator
Posts: 27,207
Registered: ‎09-13-2012
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Re: Walmart slow to process payment

You would think that as fast as GE are in reporting your new account they  would be as quick in posting payments. To be honest, they are also slow in posting charges to the account too.  I guess it would bother me if I intended on carrying a balance or had a high util.  In my phone call to the CSR, I did ask what happened if for some reason the statement cut and the payment had not 'back' posted ? Her reply was that any late fees and/or interest would be reversed on the next statement.  I could see that as a recipe for disaster.  

 

Like I said before - pay at least 4- 5 days before your statement. :smileywink:

Established Contributor
Posts: 866
Registered: ‎09-22-2011
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Re: Walmart slow to process payment

Paying earlier is your best option.  However IME the date i selected for payment on the walmart site is the date that shows on my statement.   The payment shows pending for up to 3 days before it hits my checking account.  So there appears to be a float for me. 

Valued Contributor
Posts: 2,857
Registered: ‎06-08-2012
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Re: Walmart slow to process payment

Good news: large payment processed last night. Bad news: there was a $10 charge from last Sat that apparently was still pending. Of course, it hits balance last night.

I just paid it but no idea if will report zero or $10 as balance. Those damn sneaky little bastards.


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