![]() I want to make sure me using it today () on this cycles due date, that I won't get charged any kind of fee ![]() By the way, even if the payment due date is the 6th, the cycle probably ended sometime in the previous month. You can use the card if it has a previous balance on it, until the balance reaches the card's credit limit. Using your credit card today should be fine. This only means that the charge is not included in this period and will be coming due a month later.Īm I still able to use it since I've done my payment for the month? This could cause your charge to end up showing on the next cycle. Especially larger transactions might have a day or two delay before it's officially processed and charged on to your card. Typically, charges to your card might not fully process on the same day. This is only relevant if you are nearing the limit for the card. Once a payment goes through to pay the bill, the available credit on the card will be freed up for further use. You are, generally, not allowed to exceed this limit. Your card has a running total called your credit limit. After that you are given about 2 weeks to pay that bill, specifically at least the minimum payment for the card by the due date.Īny charges that you make after the cycle closed (even before you get the bill for the last cycle) are going in to the next month's cycle, which will come due a month after that. Say a charge goes on your card just before a cycle closes, once the cycle closes, the total amount is tallied up, and a bill is sent to you at the end of the month. Which cycle it shows up on depends when the charge gets processed on your card. You are able to use your credit card at any time.
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