How Can I Get The Rep Refunding My Interest Charges?

[sag95]

What are you considering a small amount? Also, you don't want to be paying trailing interest, that can add up quick.

My due date just passed and I thought I paid off the full amount. I was charged around $5 in interest.

[mmgfarb]

My due date just passed and I thought I paid off the full amount. I was charged around $5 in interest.

Should be pretty easy to get that refunded. Also make sure you pay your entire balance ASAP so you aren't accumulating trailing interest.

[sag95]

Should be pretty easy to get that refunded. Also make sure you pay your entire balance ASAP so you aren't accumulating trailing interest.

I know. I already paid it off. I don't really care to get the charge off unless it negatively affects my score, especially if it's true that it can be good. Also just curious if you would know, I just checked and I see I missed my statement balance by around $30, but they charged me interest on over $200. Why is that?

[mmgfarb]

I know. I already paid it off. I don't really care to get the charge off unless it negatively affects my score, especially if it's true that it can be good. Also just curious if you would know, I just checked and I see I missed my statement balance by around $30, but they charged me interest on over $200. Why is that?

It won't help your credit but it won't hurt it either. You're thinking of the $2 trick which is a totally different animal.
They charge interest on the entire statement balance if it isn't paid in full, not just the amount left unpaid.

[sag95]

It won't help your credit but it won't hurt it either. You're thinking of the $2 trick which is a totally different animal.
They charge interest on the entire statement balance if it isn't paid in full, not just the amount left unpaid.

1- Thanks. I'm definitely not getting mixed up with that. I was told this about interest, I just don't remember if it was from someone reliable or someone guessing.
2- I hear, but it's interesting because my statement closed with a balance of over $400.

[LoLo]

1- Thanks. I'm definitely not getting mixed up with that. I was told this about interest, I just don't remember if it was from someone reliable or someone guessing.
2- I hear, but it's interesting because my statement closed with a balance of over $400.

They charge on 'average daily balance'.

[mmgfarb]

They charge on 'average daily balance'.

Depends on the issuer.

[sag95]

They charge on 'average daily balance'.

Aha gotcha, thanks.