Hello everyone! My Husband & I recently got our very first credit cards through our bank, BofA. I made my first payment (in full) on December 8, and thats my monthly due date moving forward. Well, I went into the app to make a payment and I got confused. It says my Statement Balance (a couple hundred) and then where it says Minimum Payment Due it reflects $0.00. Payment Due Date is Jan. 8 and Next Closing Date is Jan. 11. When I went to make this payment, it gave me a warning making sure I knew that no payment was due at this time….
My question is whether I have a payment due right now or no? I am so confused…
Help Needed – Question About Payment Due Date / Statement Date
byu/BrightEyesCoolSmile inCreditCards
Posted by BrightEyesCoolSmile
2 Comments
Looks like you already made you minimum payment, which is good. Pay the entire statement balance by the closing date to avoid interest charges.
When did you receive your first statement? And are you sure there haven’t been any other payments made or refunds or anything since then?