Archie Conway, WalletHub Financial Analyst
@ArchieConway
The Capital One credit card payment cut-off time is 8 p.m. EST (Monday-Saturday, excluding holidays). If you pay your card by this time on your due date (unless it is a Sunday or a holiday), your payment should post to the account by midnight the same day. But if you don’t pay your bill by the cut-off time, your payment will be considered late and you will be charged a late fee of up to $39.
What you should know about the Capital One payment cut-off time:
- You should first take into account how long different Capital One payment methods take.
- If you make a payment by 8 p.m. EST on your due date, this will be posted before midnight EST, which will be considered to be on time. However, this excludes mail payments, which usually take 5-7 business days to be received.
- If you don’t make your payment by the cut off time, you will owe a hefty late fee, on top of your payment.
- It’s not a good idea to wait until right before the Capital One credit card payment cut off time to submit your payment. Ideally, you should pay right after you receive your monthly statement, or as soon as you can, based on your financial situation.
Also, if you typically pay online, you may want to consider setting up automatic payments. That way, Capital One will automatically withdraw your payment by your due date each month. The only thing you’ll have to worry about is making sure the account has enough funds for your payment to be processed.
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