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

I made a large payment early yesterday to PIF my Walmart Discover prior to its bill being generated tomorrow.  I just logged into account and it still shows full balance and payment from yesterday as pending.  They havent even presented it to my bank yet.  Should I contact them? I dont want my statement to generate tomorrow with the old balance.

 

Thanks



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Established Member
Posts: 43
Registered: ‎10-19-2012
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Re: Walmart slow to process payment

Its normal it take 2-3 days for the payment to clear
Valued Contributor
Posts: 2,857
Registered: ‎06-08-2012
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Re: Walmart slow to process payment

I'm not worried about payment clearing just reported balance.


Starting Score: EQ 551 TU 548 CK 607on 6/8/12, EX 542(AMEX pull 3/4/12)
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Established Contributor
Posts: 2,112
Registered: ‎09-25-2011
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Re: Walmart slow to process payment

if you paid before the bill generated i don't think you'll have a problem at all. just as long as it posts before the due date it should be fine. i make a payment every week to avoid huge balances form showing up.


total credit limits $108,400 Credit scores Ex 728 EQ 738 TU 758
Moderator
Posts: 27,207
Registered: ‎09-13-2012
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Re: Walmart slow to process payment

[ Edited ]

Duncanrr- I called and  spoke to a CSR about their 'posting times' last month on my Penney card when I noticed their quirky wording on their receipt after I made my payment in the store.  I was told to allow 72 hours for payments to post, it didn't matter if the payment was made online, in person, cash or check (if you mail allow 5-10 days). If you made your payment yesterday, after the 72 hours your payment will show Oct 31st.  

 

So, I am making all my GE payments at least 4 days priors to mid-cycle /end of the month dates.  Smiley Frustrated

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

So it's possible my balance will not be updated prior to statement cut? That's BS.


Starting Score: EQ 551 TU 548 CK 607on 6/8/12, EX 542(AMEX pull 3/4/12)
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Valued Contributor
Posts: 2,110
Registered: ‎12-29-2011
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Re: Walmart slow to process payment

I think it matters how you pay it. If you push a payment through your bank...it will take longer than paying it on Walmart site.

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

I paid online at Walmart's site.


Starting Score: EQ 551 TU 548 CK 607on 6/8/12, EX 542(AMEX pull 3/4/12)
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Goal Score: 750

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

Possible but in my case I  paid my bill in full that morning of the due date last month (the 17th) my payment cleared my account Friday and although I received that quirky warning to allow 72 hours- it did make it on my statement.  I was told the reason was because there was no grace period and they are generating the statement.  To me that means, pay it early especially if it falls on a weekend. Smiley Sad

 

 

Just saying...

 

Valued Contributor
Posts: 1,927
Registered: ‎06-21-2012
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Re: Walmart slow to process payment

This has happened to me as well as several others....I think there are a few threads about this too. 

 

I've made PIF payments twice now and they take so long to process the payments that I have had balances report twice now even though I have PIF before statement cuts. I called and they said it shouldn't happen after having the account for 4mths or so. I guess we'll see since this will be my 4th month. 

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