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Early payments on Cap1 secured Mastercard

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  • July 28, 2014 at 2:31 am #3663
    StupendousB
    Participant

    Hi,

    Thanks for this blog. Happy to bookmark it. My question for anyone who has the secured MC: were you allowed to make an early payment before your first statement was ever cut? It says on the website that you can’t make early payments before your first statement comes out. I was under the impression that I could so my utilization ratio is higher than I want it to report. Thanks!

    August 14, 2014 at 12:32 am #3665
    StupendousB
    Participant

    I had the same question. Yes, as long as your transactions have posted, you can make early payments. Even before your first statement cuts. Sometimes it takes up to 5 days for certain transactions to post though.

    January 3, 2015 at 3:35 pm #3674
    fontanaman
    Participant

    Glad to know you were able to figure it out! 🙂

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