Is There A Delay For An Issuer To Credit My Account? - CREDIT CARDS

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CREDIT CARDS: Is there a delay for an issuer to credit my account?


An issuer must credit your account the day payment is received. The exceptions are if the payment is not made according to the creditor's requirements, or the delay in crediting your account won't result in a charge. To help avoid finance charges, follow the issuer's mailing instructions. Payments sent to the wrong address could delay crediting your account for up to five days. If you misplace your payment envelope, look for the payment address on your billing statement or call the issuer.

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