Am I on the debt treadmill now?

[Irving Patrick Freleigh]

I scheduled my credit card payment for December 31, not knowing it wasn't considered a business day.

Apparently January 1 wasn't either, and yesterday was a bank holiday. My payment hasn't processed and probably won't until today.

Am I going to be charged interest and fees on this? I called the credit card issuer (BofA, if you must know), and they put me on hold for half an hour and wouldn't talk to me because I couldn't remember the password I supposedly set on the account. I really don't think I should be charged interest and fees since technically my payment was scheduled before the due date.

[taxguykarl]

Am I going to be charged interest and fees on this? I called the credit card issuer (BofA, if you must know), and they put me on hold for half an hour and wouldn't talk to me because I couldn't remember the password I supposedly set on the account. I really don't think I should be charged interest and fees since technically my payment was scheduled before the due date.

With BofA, very likely, sorry. They have a bad history of this sort of thing.

[Irving Patrick Freleigh]

I did a live chat with their customer service after I posted and they told me I wouldn't be penalized.

Guess I will know for sure tomorrow when they told me the payment would be processed.

[Becks]

Hope you kept a transcript. I loathe BoA and just don't trust them.

[TheSHAD0W]

What was the payment due date given on the statement?

[Seraph]

Hope you kept a transcript. I loathe BoA and just don't trust them.

This. A lot of places allow you to have a transcript emailed to you, but if they don't, take a screenshot. Just copy/pasting it won't hold up with them 99% of the time.