I'd like to consolidate info on the issuers to determine 1) when we need to pay the entire BT off in order to avoid finance charges, and 2) can we move that date by pushing our statement date back? Please list the following in the quick summary:

1) Issuer Name

2) When BT is due back in order to avoid finance charges: 1) An exact date (such as 12 months) from the date you apply, 2)Before the due date during the billing cycle which ends your promotion.

3) If you push back your statement date, does this change how long you have to pay off your BT?

See Quick Summary for my postings.

I'd like to get this info for all issuers. If you have tried calling CSR's to figure this out, you know how much of a pain it can be as many reps will tell you different things.Please only add info if you have personally tested if waiting until the payment due date was ok. If you call 5 times and ask this question, I'm sure you will get 2 different answers at least. Therefore, only confirmed data please.

a related (but not identical) thread

Addittion: Despite what WAMU (ESPN CARD) said over the phone to me, you cannot wait until the payment due date to make the last payment in full and avoid finance charges. You must pay off the balance exactly 6 months from when you were approved for the card. However, I did call WAMU and it was very easy for them to take the finance charges off. I just said "I called a month ago and asked when I had to pay off the balance in order to avoid finance charges, and they told me by the due date. However, I was charged. Could you please take this fee off?" Answer: Sure.

I'll be posting my experience with National City in a few weeks. I would really appreciate it if someone could post some information on Chase, BOA, Juniper, RBS, or some of the others. THANKS!

maddybeagle said:there have been entire threads on some of chase's crazy terms...I know that. I have participated in most of them. That is why I am asking for those that have personally tested the waters to see how waiting until the payment due date (and/or moving back statement dates) will affect finance charges (as so far my only first hand experience is with AMEX and WAMU).

PNC (Both Business & Personal, 12 months, 0% on BT):
It's 12 months from the date of opening the account and not from the first statement or the date of the balance transfer. I applied for the business and personal cards in the month of Feb'07. I was charged a finance fee ($139) for not paying out the balance by the statement date in the month of Feb ' 08. I had done the balance transfer in the first week of March '07 and was expecting the promo rate until the statement date in March.

I called the CSR and asked her to waive the finance charges as I had assumed that the promo rate was for 12 months from the date of transfer. She agreed to waive the fee as a one time courtesy as I had paid out the balance before I called them.

Anyone have any reliable data on Discover? Does the end date mean the beginning of the month listed, end of month, or end of statement within the month listed as expiration? They only list month and year of expiration, for example- 4/2008. I realize the safe bet is to pay by the start of the ending month but I wondered if I can get some extra float.

Thanks

I got the same answer from PNC CSR, but they charged my interest for that extra month anyway - on personal accounts, but not on biz. Waived it when I called and complained.

My Discover BT promo was the same as aandt1999's. The 0% rate extended until the statement due date of the month when the promo ended. The CSR gave me the correct information.

What a WAMU CSR told me via their secure online messaging system was wrong. They told me a specific date by which the balance had to be paid to avoid any interest, but I was charged interest beginning two weeks prior to that date. When I questioned it, the CSR reminded me that the terms and conditions were provided to me when I opened the card. I brought up the message they sent me but the CSR wasn't interested, and just kept hammering the terms and conditions. I finally stopped trying to justify my position and came right out and asked to have the finance charge removed, and the CSR agreed. Go figure.

Anyone have a citi experience?

I decided to play it safe on all my cards and pay them back pretty much around the date I applied for them. I realize this may cut some of my BT's a month short, but I'm on summer break and want to finish up AOR 2.0 before I start hellish law school 2.0 again. It is simply too much of a pain to try to figure out these due dates. Hopefully others can still work on the list if they have info to share though.