topic Re: Went to pay my Chase Slate - Did I miss a payment? in Credit Cards

Went to pay my Chase Slate - Did I miss a payment?

Anonymous — Tue, 05 Jul 2016 21:57:53 GMT

I have 2 cards with Chase, the Slate and the Freedom. My Slates due date was on July 2nd, though I used it on June 30th to add $20 to my MetroCard.

I went on Chases site today to payoff the Slate and it said that I have a balance of $20, my payment due date was July 2nd, and the minimum payment due was $0. Okay, cool. The only thing is, when I went to payoff that $20 just now (I only like to have one of my cards report a balance), it said that I was paying the $20 on July 5th, but for the July 2nd payment. So does this mean its a late payment or what?

To be honest, I didn't check, but I don't even think that $20 would have shown up on or before the 2nd considering I used it on June 30th.

Re: Went to pay my Chase Slate - Did I miss a payment?

Anonymous — Tue, 05 Jul 2016 22:05:22 GMT

No, you haven't missed a payment as the due date was not a business day. But for peace of mind, call them just to confirm.

Re: Went to pay my Chase Slate - Did I miss a payment?

gibeon — Tue, 05 Jul 2016 22:11:58 GMT

Also, you're next statement hasn't cut yet, so your payment has to go towards the current statement.

If the balance due was $0 you're totally fine.

No harm, no foul.

Re: Went to pay my Chase Slate - Did I miss a payment?

RonM21 — Wed, 06 Jul 2016 09:40:13 GMT

The others are right. I have the same 2 cards. You should be fine.

Re: Went to pay my Chase Slate - Did I miss a payment?

Anonymous — Wed, 06 Jul 2016 13:37:11 GMT

I think what's happening is that since your payment is due the 2nd, your statement likely cuts around the 5th/6th. I'm guessing you made that $20 payment before the statement cut so it's applying it to the account before the statement is generated and so before you have a new, min due 8/2. I think you accomplished just what you wanted, paying the balance so it'll report zero.

ETA: I SWEAR I didn't see the other responses when I posted. Need. More. Coffee. I guess I forgot to scroll.

Re: Went to pay my Chase Slate - Did I miss a payment?

Revelate — Wed, 06 Jul 2016 15:15:19 GMT

Well for reporting purposes it's Chase so it doesn't matter anyway: it'd re-report zero as soon as it lands.

At absolute worst case we're talking a late fee that you can probably get yourself out of but I'm guessing this is a no harm no foul situation. There won't be any notation of a late on your report, you'd have to miss the next payment date too for that to happen (30+ days late).