credit cards

Fact No. 7: Branch bill pay is smart

8 little-known facts about your credit card
Branch bill pay is smart

Try kicking it old school and paying your credit card bill at the bank branch. The biggest benefit? Your payment will be credited the same day, says John Ulzheimer, president of consumer education at

In a similar fashion, you can pay the bill for your retailer credit cards in the store itself.

Ulzheimer calls this one of the "lesser known" provisions of the Credit Card Accountability, Responsibility and Disclosure Act, or CARD Act, because "it's not as sexy as some of the other ones."

Showing up in person may be better than paying over the Internet because online payments are not immediate.

"They're just more convenient, and they save you the cost of a stamp," says Ulzheimer.

Even if you pay on the card issuer's website, most payments won't be applied for another two to three days, Ulzheimer says. It could take longer, a week or more, if you use your own bank's website and your bank isn't your credit card issuer.

It's also not mistake-proof, Ulzheimer notes.

"Just because you made your payment online doesn't mean the payment was actually made," he says. "You'd better double-check."



Editorial Disclaimer: The editorial content is not provided or commissioned by the credit card issuers. Opinions expressed here are author’s alone, not those of the credit card issuers, and have not been reviewed, approved or otherwise endorsed by the credit card issuers.

Show Bankrate's community sharing policy
          Connect with us
Product Rate Change Last week
Balance Transfer Cards 16.22% --0.00 16.22%
Cash Back Cards 16.49%  0.07 16.42%
Low Interest Cards 11.44%  0.09 11.35%
Credit cards on a table

Get advice for managing credit cards, building your credit history and improving your credit score. Delivered weekly.


Credit Card Blog

Mitch Strohm

Will card fraud increase at the pump?

Fraudsters may be taking advantage of the lack of security at pay-at-the-pump card readers.  ... Read more

Partner Center

Connect with us