moo

TIL: You can change a credit card’s billing cycle!

I’m going to get some flak, or duhs, but TIL you can change a credit card’s billing cycle and payment due date!?!I’ve had the same cards for 10 or so years. Recently got myself an Amazon credit card as I’ve been getting stuff from Amazon and is a prime member. Plus, they had 2.5% back for prime members for prime purchases and some groceries, so I was dedicating this card specifically for Amazon purchases and groceries.I also had another card with mbna, but they were opposite billing cycles, which was starting to annoy me. So I called and stupidly asked if it was possible to change the statement period. CSR said yup, and I was wow. CSR mentioned it’s not usually done, as most people just stick with whatever billing cycle they end up with when they initially get their card.Goes to show, there’s still something new to learn even after all these years. Ok, roast away…Edit/update: So apparently this is actually not the norm, as it depends on card issuer. But don’t be afraid to ask 🙂 via /r/PersonalFinanceCanada https://ift.tt/3nQoY5v

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