Question about Statement Date and payments...

[EaglesFan2006]

Random question.  I have a Chase card that has a payment due date of the 4th, and statement dates are dated the 7th.   I'm not worried about the payment on the 4th, but I'd like to pay extra when I get paid in January, which happens to be the 7th.  So my question is, if I schedule a payemnt for the 7th would it post in time to be reflected in that cycle?  I know typically that even though the statement is dated the 7th I usually don't see the interest change/next payment schedule until the 8th...

[itgirl74]

In my experience, yes, as long as the payment is made before Chase's cutoff time for same-day payments. (If you sechedule it in advance, then yes for sure.)

[SouthJamaica]

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@EaglesFan2006 wrote:

Random question.  I have a Chase card that has a payment due date of the 4th, and statement dates are dated the 7th.   I'm not worried about the payment on the 4th, but I'd like to pay extra when I get paid in January, which happens to be the 7th.  So my question is, if I schedule a payemnt for the 7th would it post in time to be reflected in that cycle?  I know typically that even though the statement is dated the 7th I usually don't see the interest change/next payment schedule until the 8th...

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If you schedule an electronic payment for the 7th on their site it will be reflected in the statement balance.

[EaglesFan2006]

Thanks!