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Old 11-07-2016, 06:54 AM   #21
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I pay as soon as I have the statement. Eliminates a lot of potential problems for me.
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Old 11-07-2016, 09:06 AM   #22
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All of our bills (except property taxes) pay themselves automatically. I do no manual monkeying.
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Old 11-07-2016, 10:02 AM   #23
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Originally Posted by ERD50 View Post
(I need to check if any of these allow pay-in-full now, previous cards would only let you auto-pay the minimum).
The Citi Costco Visa allows you to setup autopay for the last statement balance and have it pulled on the due date. So far I've had one processed on a Sunday and one on a Saturday with no late charges the following month.

Our other card (a Wells Fargo Visa) allows autopay to collect the last statement balance or current balance in addition to the usual minimum payment of fixed amount choices. I use the last statement balance on that one also and have never had a problem, though it's just being paid from another Wells Fargo account.
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Old 11-07-2016, 02:25 PM   #24
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I pay as soon as I have the statement. Eliminates a lot of potential problems for me.
That's my practice as well. I don't even look at the due date. Statement comes in, I sit down and write the check, and it is mailed out the next day.
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Old 11-07-2016, 03:32 PM   #25
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I pay as soon as I have the statement. Eliminates a lot of potential problems for me.
+1 as I would never give any company access to my bank account.
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Old 11-07-2016, 03:44 PM   #26
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That's my practice as well. I don't even look at the due date. Statement comes in, I sit down and write the check, and it is mailed out the next day.
Well, except when I get one like this. Why they even bother to send a statement is beyond me.

Will I still have to pay a late fee if I don't send a check for $0.00?
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Old 11-07-2016, 05:36 PM   #27
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Originally Posted by RetireAge50 View Post
All of our bills (except property taxes) pay themselves automatically. I do no manual monkeying.
+1
I've had it this way for years. Never had a problem.

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Well, except when I get one like this. Why they even bother to send a statement is beyond me.

Will I still have to pay a late fee if I don't send a check for $0.00?
You laugh, but I once (1970s) had a bill for that amount and ignored it. The biller was J.C. Whitney (the auto parts catalog). After several months of increasingly threatening letters, I eventually got a notice that they were about to send it to a collection agency.

So I actually wrote a check for $0.00 and mailed it in. Never heard another word from them. Strangely, they never cashed the check either!
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Old 11-08-2016, 11:58 AM   #28
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I think I would complain directly to Costco. They have a lot of responsibility to their customers after forcing us to switch to a "new and improved" card. If the issue happens to enough folks who complain directly to Costco, my bet is Costco will bring pressure on CITI. IIRC you can still get a Costco Membership card and then use other Visa cards there. If I had a major problem with CITI (or any other CC Co.) I would drop them like 1st period latin.

Slightly off-topic rant: I am forever amazed when any financial company, whether a bank or CC company makes it "policy" to use penalties and/or sneaky fees as a profit center. It seems misguided and counter intuitive to "customer service." If loyalty means anything anymore, making your customers despise you wouldn't seem a good policy. But what do I know, so YMMV.
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Old 11-08-2016, 02:20 PM   #29
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I don't use the Citi card inside Costco. This quarter, Chase Freedom is giving 5 percent back at warehouse club stores. I do use it at the Costco gas station, as the Chase rebate does not apply to gas.
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Old 11-08-2016, 02:30 PM   #30
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You laugh, but I once (1970s) had a bill for that amount and ignored it. The biller was J.C. Whitney (the auto parts catalog). After several months of increasingly threatening letters, I eventually got a notice that they were about to send it to a collection agency.

So I actually wrote a check for $0.00 and mailed it in. Never heard another word from them. Strangely, they never cashed the check either!
I've heard of that happening with other places too. One would think that calling their 800 number should straighten it out, but writing the check made someone look at it so that worked too.
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