Question:

Will I be charged a interest fee?

by Guest33714  |  earlier

0 LIKES UnLike

My capital One credit card is due tomorrow. My balance is $0. I just bought something online,so I was wondering since I bought it before my min. was due will I be charged interest? Thanks.

 Tags:

   Report

3 ANSWERS


  1. Your minimum payment is based off the last statement you received. So if it was 0 you dont have to pay anything. Once your bill closes this month thats when the item you bought online will be due for payment on your next statement. If you dont pay for the item in full the next time your bill is due thats when it will start accruing interest.  


  2. Check your statement first.  If you don't have a minimun fee, then you are ok.  When you charge something you are paying the interest on the amount charged. So you should not have an interest charge for something that may not be on your statement yet. Meaning if your statement was paid, what you charged should be on next months statement, some banks charge the interest whether you pay the min or the whole amount. But you are only paying for the time period you use it, meaning you will only pay the interest once if you pay the balance all off in 1 month.

  3. 1. Yer statement will alwaes hav a kloes dae, mael dae, & due date.

    2. kloes date=the date Kredit Kard Kumpanee take the lektrons outta puter & put em on paper.  NE-thang yu charj after that go on the next bill.

    3. Note that munee yu send gotta be processed bi the du date.

    Yu gotta send it in a week ahed tu allow maelman time tu get it theer.  

    Big bad nuz...sum kredit kards plae triks & dont process the mael...let it sit around several daes.  Then hav the gaul tu charj yu a penaltee for be late.

    On top av that, sum sae the "due date" is 10am on that date, even tho em no maelman deliver the mael in the afternoon.

Question Stats

Latest activity: earlier.
This question has 3 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.