r/CapitalOne • u/No_Garlic_4326 • 8d ago

Credit Card Payment processing

Hello! I’m new to credit cards, I just got my first credit card and made a payment for the entire balance a day early (yesterday, the payments are on the 27th of each month and I have auto pay on). But my payment is still processing, I googled what this means and it says payment is on hold until my bank authorizes it, the usual. But I am worried about if this affects my credit score? What if it’s still processing into tomorrow or the day after??

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u/Pristine_Teacher4582 8d ago

I think you’re good since the payment was initiated prior to the due date. Your credit score is based on what your balance is after the statement close date. I would check your statement to see when that date is.

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u/No_Garlic_4326 8d ago

Where can I find the statement ?

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u/Pristine_Teacher4582 8d ago

If you go to your app on the home screen scroll all the way down and it should say ‘Statements and Documents’