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11-01-2012 10:37 AM
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.
11-01-2012 10:57 AM
11-01-2012 10:59 AM
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.
11-01-2012 11:22 AM - edited 11-01-2012 11:23 AM
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.
11-01-2012 11:24 AM
11-01-2012 11:36 AM
11-01-2012 11:36 AM
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.
11-01-2012 11:38 AM
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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