If you have any CapitalOne accounts, pay those at least five days ahead of time, ten if you are mailing in a check. In my experience, CapitalOne is a sleazy company that stalls when it clears payments to hit people with late fees and trigger higher interest rates.
I once had an account (not Capital One) that didn’t give me much time to pay the bill. I used to walk the payment right to the post office as soon as the bill came in to avoid as many delays as possible so it wouldn’t be late. I called them about it and got obnoxious talk-arounds. Couldn’t pay that one off soon enough and close it.
Bankers are scum. Even Jesus didn’t want them in His temple.
Each month I contact the company by phone, and authorize them to take a certain amount out of my checking account.
I’ve been doing this for over a decade without any problems.
I connect to Capital One and authorize them to take the money a couple of days before the due date.
With any of the companies, the day before is fine, but I like to provide more time than that. That being said, I have also made payments on the due date with no problem. As long as I authorize the payment before their cut-off, they’re fine with it.
I don’t used the mail for bills. I just don’t trust it, when it comes to timelines and due dates.
Error:
“Each month I contact the company by phone, and authorize them to take a certain amount out of my checking account.”
I don’t contact them by phone. I seldom talk to them unless I have a problem. I meant contact them over the internet.