How to change the due date on your credit card

By UK CreditCards.com

Have you ever considered trying to move your bills around to better fit your schedule?  One of the easiest due dates to move may be your credit card bill. Most issuers are more than happy to agree to your request, provided that you are not in arrears.

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Here's what you need to know to get it done.

Why would I want to change?
There are several different reasons you might want to change the date your credit card repayment is due. You may have recently moved house,
divorced or started a new job with a different payday and need to change dates to make it easier to pay bills.

Or perhaps you need to space out your payments so that you aren't cramped at the beginning or the end of the month and bombarded with bills. Some consumers find it easier to schedule all their bills on the same date so that they don't have to think about it for the rest of the month. Others prefer not to have all their outgoings at the same time as they do not have sufficient cash flow to make the payments.

Scheduling payments is a very important part of budgeting, and, if not done properly, you could find yourself short of cash at the end of each month or struggling to keep up with all your paperwork and bills. 

Can anyone change the date?
Consumers can usually change their credit due date without any hassle, but different card providers will have different rules.

Most UK credit card companies will allow customers to change the billing date if they are up to date with their payments. If you're ready to change the billing date on your card, your provider will likely have a procedure in place to help you do so.

Can I choose any new billing date?
Some providers will allow you to pick a date that is most convenient for you. Others will offer you a selection of dates. Some don't even have a specific due date as long as the payment is made before the next bill date.

You should think long and hard about the new date you want your bill to land on. If you are able to choose your own date, you will only be able to choose from the 1st through the 28th of the month, as the 29th, 30th and 31st do not occur in every month. 

Planning is important here because you will need to consider when you receive an income and the dates of other outgoings. You may also need to think about whether you have enough time to make the payment once you have received funds. Many payments take a few working days to clear.

How do I change my bill date?
It should be relatively simple to change the date you need to make your minimum payment. It is best to try contacting your provider and getting in touch with the customer services department. Most companies will require you to contact them by telephone rather than online for security reasons. Your latest credit card bill should have the telephone number, and, in some cases, an email address in case you have additional questions.

Once you have confirmed the date change over the phone, ensure that you also receive written confirmation of the change.      

Once you have confirmed the date change over the phone, ensure that you also receive written confirmation of the change.

In addition, make sure that you stick to the original payment dates until you have received a letter from the provider to ensure that you do miss any payments. It usually takes the credit card company at least one billing cycle to implement the changes.

Will I have to pay a fee?
It is unlikely that your credit card provider will apply a charge for changing your bill due date. However, if you have an outstanding balance on your credit card, changing the date could make your next bill slightly higher because it will cover a longer period of time (for example, 45 days rather than 30 days).

How will changing my bill date help?
Changing the date of your bill will not reduce the cost of your credit card payments. However, it may help you improve your cash flow, making it easier to meet minimum payments.

See related: Prioritising debt: Which bills are essential?; Avoid late payments -- factor in processing time

Updated: 7 April 2015