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11-07-2016, 05:54 AM
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#21
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Thinks s/he gets paid by the post
Join Date: Apr 2008
Posts: 1,246
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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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11-07-2016, 08:06 AM
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#22
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Thinks s/he gets paid by the post
Join Date: Aug 2013
Posts: 1,660
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All of our bills (except property taxes) pay themselves automatically. I do no manual monkeying.
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11-07-2016, 09:02 AM
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#23
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Thinks s/he gets paid by the post
Join Date: Mar 2013
Location: Coronado
Posts: 3,673
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Quote:
Originally Posted by ERD50
(I need to check if any of these allow pay-in-full now, previous cards would only let you auto-pay the minimum).
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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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11-07-2016, 01:25 PM
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#24
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Moderator
Join Date: Dec 2007
Location: Eastern WV Panhandle
Posts: 25,300
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Quote:
Originally Posted by misanman
I pay as soon as I have the statement. Eliminates a lot of potential problems for me.
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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.
__________________
When I was a kid I wanted to be older. This is not what I expected.
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11-07-2016, 02:32 PM
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#25
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Thinks s/he gets paid by the post
Join Date: Apr 2016
Location: Dutchess County
Posts: 1,599
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Quote:
Originally Posted by misanman
I pay as soon as I have the statement. Eliminates a lot of potential problems for me.
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+1 as I would never give any company access to my bank account.
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11-07-2016, 02:44 PM
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#26
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Moderator
Join Date: Dec 2007
Location: Eastern WV Panhandle
Posts: 25,300
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Quote:
Originally Posted by Walt34
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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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?
__________________
When I was a kid I wanted to be older. This is not what I expected.
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11-07-2016, 04:36 PM
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#27
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Moderator
Join Date: Feb 2010
Location: Flyover country
Posts: 25,199
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Quote:
Originally Posted by RetireAge50
All of our bills (except property taxes) pay themselves automatically. I do no manual monkeying.
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+1
I've had it this way for years. Never had a problem.
Quote:
Originally Posted by Walt34
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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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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11-08-2016, 10:58 AM
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#28
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2008
Location: Leeward Oahu
Posts: 17,794
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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.
__________________
Ko'olau's Law -
Anything which can be used can be misused. Anything which can be misused will be.
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11-08-2016, 01:20 PM
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#29
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Thinks s/he gets paid by the post
Join Date: Jan 2013
Posts: 3,405
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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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11-08-2016, 01:30 PM
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#30
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Moderator
Join Date: Dec 2007
Location: Eastern WV Panhandle
Posts: 25,300
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Quote:
Originally Posted by braumeister
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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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.
__________________
When I was a kid I wanted to be older. This is not what I expected.
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