How long does it take Citibank to post a payment?

Discussion in 'Off Topic' started by thehstrybean, Dec 28, 2006.

  1. thehstrybean

    thehstrybean Diamond Member

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    Last night at 10:47ish, and it hasn't gone through. Most time, Bank of America (my checking account) has payments listed in hours. How long does it take Citibank to draw funds and pay the CC?
     
  2. Jadow

    Jadow Diamond Member

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    Citibank is one of the faster ones, I've never seen it take over 2 days.
     
  3. thehstrybean

    thehstrybean Diamond Member

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    So hopefully by tomorrow? I do hope so, because I'm getting worried...
     
  4. Strk

    Strk Lifer

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    When did you set it to withdraw the money?
     
  5. thehstrybean

    thehstrybean Diamond Member

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    I processed the request at 10:45 PM, and it has "Post Date" at 12/28/06 (today)...it says pending...
     
  6. homercles337

    homercles337 Diamond Member

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    You should have contacted ShitiBank and told them to freeze your interest. You will no doubt have lingering interest accumulation. That is, you pay the total on day 1, by day 2 you have accumulated more interest, day 3 the balance from day day 1 is paid, but day 2 and 3 remain. Pay day 2 and 3 while day 4 and 5 accumulate. These loan sharks are nasty, nasty effing a55holes. Even though its unlikely that i will live beyond 40 i hope to free myself from their clutches which has become VERY diffult with dumbYa and a repug congress.
     
  7. thehstrybean

    thehstrybean Diamond Member

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    I have 6 months 0% APR, so I'm fine there...
     
  8. RossMAN

    RossMAN Grand Nagus

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    Did you initiate the payment from BOFA's bill pay or through CitiBankCards.com?

    My CitiBankCards.com payments are usually processed the same day before 1PM EST or the next business day. The funds are usually withdrawan from my credit union 2-3 business days after.
     
  9. thehstrybean

    thehstrybean Diamond Member

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    YES! Rossman's here...now I'm safe...I initiated the payment through Citi...

    Does processed mean your balance that you owe goes to $0, or does that happen after the funds are withdrawn?
     
  10. thirtythree

    thirtythree Diamond Member

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    It usually takes a day or two for me. Since it was late at night, I'm not surprised that it hasn't posted yet. Don't sweat it.
     
  11. thehstrybean

    thehstrybean Diamond Member

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    Good. It's my first CC and I wanna do it right...
     
  12. thirtythree

    thirtythree Diamond Member

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    If you got a card through BoA, you could pay it off instantly... that's how it worked with my bank anyway. I'm going to switch back once I have enough reward money for a check. I don't think it's worth the hassle of two separate websites, waiting for payments, etc.
     
  13. thehstrybean

    thehstrybean Diamond Member

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    I think I may do that...I've got $9.33 in rewards and I've had the card for a little over a month...
     
  14. homercles337

    homercles337 Diamond Member

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    Cool, no worries then. Youre golden! I wish i could say the same. :(
     
  15. her209

    her209 No Lifer

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    Yes, the f*ckers will use every cheap trick in the book. You think it will be paid off. It even says $0.00 balance at the time of payment and then at the end of the billing period, they sneak in like $0.05 interest. Thinking you paid it off, you don't look at and send in the rest and bam, $30 late fee. F*cking f*ckers!!! :|
     
  16. Strk

    Strk Lifer

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    It's a service, not a gift. They're in it to make money.
     
  17. her209

    her209 No Lifer

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    How do they get off charging interest on money that you don't owe them anymore?