Although credit cards are a convenient way to shop and make consumers' lives easier, users spend without considering that the transactions will have to be paid after a certain period; as a result, payment difficulties can lead to problems.
First of all, your credit card statement date should fall in periods when there is likely to be money in your account.
For example, if you are a civil servant or a private sector employee and you receive your salary at the beginning of the month,
- it will be useful for your credit card statement date to be between the 20th and 25th of the month
- and your credit card payment due date to be between the 1st and 5th of the month.
If your credit card's payment due date does not match the dates your salary is paid, it will be useful to change your statement date.
So how do you change your credit card statement date?
You can find out your credit card's statement date through your bank's branches, telephone banking, internet banking and mobile banking, and you can easily change it through the same channels.
If you want to change your statement date, there are some points to keep in mind. At most banks, the statement date can be changed only three times. So remember that you only have three chances when you want to change your statement date.
When choosing a new statement date, it is very important to choose the right date so that your debt does not become overdue. The payment due date will be 10 days after the new statement date you choose for your credit card. In other words, you will have 10 days from the new statement date to pay your period debt. It is therefore useful to keep this in mind when choosing the new date.
