Due date
The payment due date is when your credit card payment must be made, usually about 21 to 25 days after the statement closing date. Pay your statement balance in full by then and you owe no interest on purchases.
Why it matters
It matters because paying by the due date keeps you out of interest and protects your payment history, the largest factor in your FICO score at 35 percent; one payment 30+ days late can lower a score 50 to 120 points.
Example
If your statement closes on the 5th, your due date is typically around the 26th to the 30th of that month, roughly three weeks later.
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Educational only — not financial advice. No guarantees.