Went over CC LIMIT. Bad??

[dtran14]

I went $60 over my credit limit, will this affect me badly? 

Spent 559.31/500. Should I pay this off asap or wait until my payment date??

[09Lexie]

I would...which lender?

[djc1puno]

+1...as long as it hasn't reached the cut off date yet i would pay the overage and then some to cover the interest (if any balance from the previous month)...

[dtran14]

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@09Lexie wrote:
I would...which lender?

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Chase

[09Lexie]

Send them them the money plus a little extra

[Dreamwalker]

If they let you go over your limit, it means they trust you. Just pay it off before the statement cuts.

Edit:Follow Lexie's suggestion; she knows her stuff.

[09Lexie]

Pay it now. You may trigger a higher APR if you exceed your credit limit

Penalty APR and When It Applies
29.99%. This APR will vary with the market based on the Prime Rate.

The Penalty APR will be applicable to your Account if you:

**fail to make any Minimum Payment by the date and time due (late payment);

**exceed your credit limit (if applicable);

**make a payment to us that is returned unpaid; or

do any of the above on another account or loan you have with us or any of our related banks.

How Long Will the Penalty APR Apply: If your APRs are increased for any of these reasons, the Penalty APR will apply indefinitely.

[enharu]

Is your card a visa signature or world / world elite MasterCard? If it isn't, do what lexie says. If it is, just wait for statement to cut then.

[09Lexie]

I assumed it wasn't a Siggy or WEMC based on OPs CL of $509.

[djc1puno]

since it's chase...+1 on what lexie said