Lisa Cahill, Credit Cards Moderator
@lisacahill
The Tires Plus Credit Card due date is at least 23 days after each monthly billing cycle ends. You can find your specific Tires Plus Credit Card due date listed on the monthly statement you receive, as the exact due date differs from person to person, depending on when the account was opened. The statement will also list the minimum amount you have to pay by the due date, though you may choose to pay more.
Here's how the Tires Plus Credit Card due date works:
Since there is at least a 23-day grace period between the date your statement closes and your Tires Plus Credit Card due date, you can avoid accruing interest by paying the statement balance in full by the due date. If you decide to pay less than your statement balance, you will lose the grace period. The remaining balance will start to accrue interest, and so will all new purchases. To get the grace period back, you will need to pay in full for two consecutive billing cycles.
If you do not make at least the minimum payment due by your Tires Plus Credit Card due date, you will owe a late fee ($40 max). The issuer could increase your interest rate, too.
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