Chip Lupo, Credit Card Writer
@CLoop
If you have no available credit after paying off your credit card, it’s possible the card’s issuer put a hold on the account. The reasons for the hold may include exceeding your credit limit or missing payments, especially if you do so repeatedly.
Other possible reasons could include making an unusually large payment, having a new credit card account, or making a payment from a newly-linked bank account. If none of these things apply, it’s likely that the payment simply hasn’t posted yet.
Why Your Available Credit Hasn’t Updated Yet
The amount of your payment will not be reflected in your available credit until it has posted, but the payment is still considered on time as long as it reaches the issuer by the due date. So, if your payment status looks normal, you may just need to wait a little bit for your available credit to be freed up.
Payments made over the phone, online, or through the issuer's mobile app during business hours will post to your account the fastest. You'll have to plan much further ahead if you wish to mail a check to your credit card company. If you need to know exactly how long a payment will take to post, call your issuer’s customer service number you see on the back of your card.
Issuers Have the Last Word on Applying Available Credit
Depending on the card issuer, the payment method, and the payment date, a payment can be reflected in the card’s available credit the day it is made, or it could take one to seven business days. In some cases, it could take even longer.
By law, the decision to restore available credit is up to the issuer, so even if you paid your bill on time, the issuer may delay replenishing your credit limit. Each credit card issuer has the authority to determine when an account’s available credit will be replenished after the balance is paid.
To learn more, refer to WalletHub’s article on available credit.
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This doesnt answer the question. You say "The amount of your payment will not be reflected in your available credit until it has posted" then you go on to say the oposite later on. If the payment is posted which means that it is FULLY processed. I am finding some credit cards that will Post the payment and not increase your credit line. If this is the case then the payment has not posted. But that transaction should be read as pending. If they are to put a hold on releasing the credit line.