Maria Adams, Credit Cards Moderator
@m_adams
Your first credit card payment is usually due 21-25 days after the end of the first billing cycle. A billing cycle lasts about a month from when you open your credit card. You can find the exact due date, the balance owed, as well as the minimum payment due on your monthly account statement. Alternatively, call customer service at the number you see on the back of your card for assistance.
Why You Shouldn't Miss Your Credit Card Payment Due Date
Paying at least the minimum amount required by the due date keeps the account in good standing and is key to building a good or excellent credit score. If you don't cover the minimum amount by the due date, you'll incur late fees and interest rate increases. If you're more than 30 days late past the due date, your credit score will be affected as well.
It’s never good to miss your first payment on a credit card, so you may want to set up autopay. You can also take a look at WalletHub’s guide on how to never miss a due date.
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