How to Change Your Credit Card Payment Due Date?

28 APRIL, 2022

Credit cards help us in many ways to achieve financial stability. We can always fulfill our financial needs via a credit card and repay the money later. Credit card users should be well informed when it comes to paying credit card bills. Do you know what is a credit card due date? One should know their credit card due date for making payments timely. Sometimes, we are caught in situations where we have to change our credit card due date. As a responsible credit card user, you should know the process to alter your credit card payment due date. Read on to know the process to change the credit card payment deadline easily.

The need for changing credit card payment due date

You may need to change your credit card payment due date due to several reasons, which are as follows:

• For better finance management, many people opt to change their credit card payment due date. Your credit card billing cycle may collide with other bills. To separate your credit card payment from other bills, you can apply for a change in the due date. It is never easy to pay multiple bills on the same day. You can move your credit card bill due date to a time when you have fewer financial obligations.

• Many times, people want their credit card payment deadline immediately after they receive their salary or monthly payment. By doing so, one will have sufficient funds to pay the credit card bill timely. Paying credit card bills timely can enhance your credit score and history. You can always change your credit card due date at your convenience.

• For saving purposes, it is better to keep some amount of money aside beforehand. You cannot save at the end of the month when you spend all your money on discretionary items. It is better to pay the credit card bill first after receiving the salary. You can then put aside a sum of money in the savings section. Credit card users can change their due date, so it meets their money inflows and outflows.

Is it allowed to change the credit card payment due date?

Every credit card has an associated billing cycle. The credit card payment due date is usually at the end of the billing cycle. For some reason, you may need to change your credit card due date. Most banks and credit card issuers allow users to change their credit card payment due date. However, you may have to place a request for changing your credit card due date. Credit card issuers usually allow only a few deadline changes in a year.

For budgeting flexibilities, you can submit a request to change your credit card due date. Sometimes, the change in due date doesn’t apply to the current billing cycle. However, this does not mean that your request for a change in due date is rejected. Many credit card issuers apply the change in due date from the next billing cycle or month. You can always get in touch with your credit card issuer to know more about changing the payment due date.

Some credit card issuers may not offer the facility of changing the payment due date. It is why one should compare credit cards India before applying for one. Make sure you check the facilities offered by your credit card issuer. It is always better to choose a credit card issuer that offers the flexibility to change the payment due date.

How to change the due date for my credit card easily?

The process to change the payment due date may change from one credit card issuer to another. The generic process to change the due date of your credit card is as follows:

• Vist the official website of your credit card issuer or download the dedicated mobile application.

• In the ‘Payments’ or ‘Billing’ section, you will find the option to change the credit card due date.

• On some online portals, you may find the option to change the credit card due date in the ‘Services’ section.

• Send your request for a change in the credit card payment deadline online. Your credit card issuer will confirm your due date change request shortly.

If you are having issues with changing your due date online, you can reach out to the credit card issuer. The customer support of the credit card issuer can help you change the credit card due date. For some banks, you cannot select 29th, 30th, or 31st as your credit card payment due date. It is because these dates do not appear every month. Your credit card due date remains the same for each month or billing cycle. You are free to choose any due date from 1st to 28th for your credit card payment.

One should also know that there are several restrictions on the number of times one can change the due date. Usually, credit card issuers allow users to change their due date once in three months or billing cycles. Make sure you don’t exceed the limit to apply for a change in credit card payment due date. In some cases, your due date will be changed in the next billing cycle. Make sure you keep checking for the updated payment deadline after submitting a request.

When you change your credit card due date, the statement closing date does not need to change. Your closing statement is provided by the credit card issuer. You get to know about the credit utilization via the closing statement.

What if I cannot change my payment due date?

It may happen that a credit card issuer does not allow you to change the due date. In such a case, you are stuck with the pre-decided credit card due date. You can bring changes in your financial habits to meet the credit card due date. Failing to pay the credit card bill before the deadline can invite bad credit history. It is better to research a little before choosing a credit card in India. Compare credit cards for better results!