If you end up paying less than your full Statement Balance so you start carrying a balance, you can minimize the amount of interest you’ll owe by paying your balance off as soon as you can. Interest is charged every day on your daily balance, so the sooner you can pay it off, the less interest you’ll be charged. There’s no need to wait until your due date to pay—you can always pay early on the day that’s right for you (like payday!).
Articles in this section
- Do you have any tips for minimizing the amount of interest I am charged?
- I have Autopay scheduled. Can I schedule a separate payment on top of that?
- Where can I see my minimum payment amount and when it's due?
- How do I find out if I have a payment due or if I’ve already paid it?
- When are payments due and how much will I owe?
- How can I pay my Petal card bill?
- How does AutoPay work and where do I set it up?
- How is the AutoPay amount “Statement Balance” calculated?
- How do I schedule or cancel a payment?
- Can I write a check from a different checking account than the one I signed up with?