How long does it take to process a credit card payment?

how long does a credit card payment take to process

Depending on factors like the method of payment you choose, your credit card issuer, and the time of day you submitted your payment, you may find it takes anywhere from one business day to 72 hours (the equivalent of three business days) in order to fully process payments for credit cards.1

How Does Credit Card Payment Processing Work? 

When borrowers acquire credit cards, they are given a set credit limit they can use to make purchases throughout their billing cycle. Once a borrower reaches that credit limit, they must either pay off some of what they have already spent or wait until their next billing cycle for their credit limit to renew. 

At the end of each billing cycle, borrowers are given a credit card statement that shows their spending history for that month, the balance (if any) the borrower has accumulated for that particular month, as well as the total unpaid balance. Borrowers are then responsible for making monthly payments in order to clear out that balance. 

What Is a Pending Credit Card Transaction?

When account holders make payments or purchases using their card, there is a period of time between the initial transaction and when the transaction is finalized; during this time, the transaction is considered pending. After you have submitted a credit card payment, you can track its progress via your online account. 

When Is the Best Time To Make a Credit Card Payment?

Borrowers can make payments on their credit card at any time on or before their designated due date. While some forms of funding, like payday loans, cash advance loans, and title loans, may come with prepayment penalties that discourage borrowers from making early payments, credit cards generally do not! 

Which Credit Card Payment Process Is the Fastest?

Need to make a payment on your credit immediately? There are a few methods consumers can utilize when it’s time to make a credit card payment. They are: 

Payment MethodDescriptionProsCons
Online PaymentsPaying through the creditor’s website or mobile app.– Fast processing, often within the same business day.
– Convenient and can be done anywhere with internet access.
– Easy to track and manage in your credit card account.
– Requires internet access.
– Not suitable for those uncomfortable with digital transactions.
Direct Debit/AutopaySetting up automatic payments from a bank account to pay the credit card bill.– Ensures payments are never missed.
– Can often set up to pay minimum, full balance, or a set amount.
– Hands-off once set up.
– Need to ensure sufficient funds are in the bank account to avoid overdraft fees.
– Less control over the exact payment date.
Phone PaymentsCalling the creditor and making a payment over the phone.– Good for those who prefer speaking to a representative.
– Can be done without internet access.
– Might involve long wait times.
– Some companies may charge a fee for phone payments.
Mail-in PaymentsSending a check or money order by post to the creditor.– No need for digital access or phone calls.
– Some prefer this traditional method.
– Slowest method; processing can take several business days.
– Risk of mail delays or lost payments.
Bank TransferTransferring money from your bank account to the credit card company, often through online banking.– Fast and secure.
– Can be done via online banking or in person at a bank.
– Requires online banking setup or a visit to the bank.
– May not be instant if transferring between different banks.
In-Person PaymentsPaying at the credit card company’s local branch or at an authorized payment center.– Immediate processing.
– Personal interaction for those who prefer it.
– Involves traveling to the location.
– Limited by the branch’s business hours.

How Am I Protected When Using Credit Cards?

Consumers are protected against predatory lending practices under the Truth in Lending Act of 1968. Under this legislation, credit card companies are required to abide by restrictions like: 

  • Providing customers with monthly credit card statements that contain a breakdown of transactions, interest rate charges, and accumulated balances. 
  • Credit card companies must send customers their monthly statements no less than 21 days before their payment due date for that month. 
  • A due date for a credit card payment should fall on the same numerical day of the month and should not change unless specifically requested by the account holder. 

Can You Get a Credit Card if You Don’t Have a Bank Account?

Issuers need a way of ensuring that customers have a way of making credit card payments and paying off their balance. In doing so, they will typically ask consumers for their bank account information during the application and approval process. You may have to log-into your bank account or provide the account and routing numbers. While it may be possible to get a credit card without having a checking account, it will most likely be difficult. 

Tips for Working With a Credit Card Issuer 

At the end of the day, credit cards should provide a convenience to customers, not hold them back financially. As long as you keep track of your balance, make payments on time, and avoid overspending, you should find that a credit card can be a helpful financial tool. 

Below are a few tips you can follow to wisely manage your credit card!

  • Sign Up for Autopay — When you have autopay, your minimum payment will automatically be taken out of your bank account on its designated due date. 
  • Try Not To Carry a Balance — By paying off your balance completely each month, you can save a significant amount of money on interest rate charges over time. 
  • Freeze Your Credit Card — If you have accumulated quite a bit of credit card debt, you may be thinking about canceling your credit card. However, by doing so, you may inadvertently lower your credit rating. Instead, you can limit access to your credit card by freezing the account and then reactivating it once you have your balance under control.

FAQs About Credit Card Payments 

What is a credit card processing fee and who pays it?

Credit card processing fees are small charges that merchants pay to the credit card issuer for each transaction. Don’t worry, as a borrower, this fee usually doesn’t affect you directly. It’s more of a behind-the-scenes thing between the merchant and the card issuer.

How long does it take for a payment to reflect in my available credit?

After you make a credit card payment, it typically takes 1-2 business days for the payment to reflect in your available credit. This can vary based on your credit card payment method and whether you’re paying within the same bank or a different one.

Can I pay my credit card bill on weekends or non-business days?

Absolutely! You can make payments on weekends or non-business days. However, keep in mind that the payment might only be processed on the next business day. So, plan accordingly to avoid any late fees!

Is there a difference in processing times between different payment methods?

Yes, indeed. Different payment methods can have different processing times. For instance, online payments are usually faster compared to mailing a check. Most credit card companies provide various options, so choose the one that’s most convenient for you.

How can I increase my available credit on my credit card account?

Looking for more credit? You can request a credit limit increase from your creditor. This usually involves a quick review of your account and credit history. Just give your card issuer a call or check their website for how to apply.

Do all credit card companies charge the same fees and interest rates?

Not really. Each lender has its own set of fees and interest rates. It’s always a good idea to shop around and compare what different companies offer. This way, you can find a card that suits your financial needs the best.

What happens if I exceed my credit limit?

If you go over your credit limit, you might face a fee or your card could be declined for further purchases. It’s important to keep an eye on your credit card account to avoid these situations. Most creditors also offer alerts to help you stay within your limit.

CreditNinja’s Final Thoughts

Although credit card transactions may seem simple, there is a lot going on behind the scenes. . The speed of processing payments can vary based on the method chosen, with online payments being the quickest and mail-in payments taking the longest. 

While credit cards offer convenience, they come with responsibilities. It’s essential to manage credit wisely, be aware of the protections in place, and utilize tools like autopay to ensure timely payments. CreditNinja wants to remind you, as you navigate the world of credit, being proactive, informed, and cautious can lead to a beneficial and hassle-free experience.


  1. How Long Does a Credit Card Payment Take to Process? | CCBill
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