Two dates, two jobs
Every credit card statement has two dates, and mixing them up is one of the easiest ways to pay more than you need to.
- Statement date: the day the billing period closes and your bill is worked out.
- Due date: the last day to pay that bill.
An example
Nadia's card statement closes on 15 Nov with a balance of ৳12,300. The payment is due on 5 Dec — 20 days later. Those 20 days are her time to pay the full ৳12,300.
| Date | What happens |
|---|---|
| 15 Nov | Statement closes: ৳12,300 to pay |
| 15 Nov → 5 Dec | New spending goes on next month's statement |
| 5 Dec | Payment due for the 15 Nov statement |
Sample dates and amounts.
When you spend matters
A purchase made just after the statement date lands on the next statement, so you have longer before you pay for it. A purchase made just before the statement date has to be paid within the next due-date window. Knowing your statement date helps you time big purchases, and helps you understand why one month's bill is bigger than expected.
Paying in full vs the minimum
Most cards charge interest if you pay less than the full statement amount by the due date. The minimum payment keeps your card in good standing, but the rest carries on — usually with interest. If you can, pay the full statement amount on or before the due date. Check your card's terms for exactly how interest is charged.
Set a reminder that actually works
- Note both dates. In Rabit Ledger, each card has a statement day and a due day.
- Schedule the payment a couple of days before the due date, so you see it coming in your upcoming list (scheduled items are part of Pro).
- Check the statement amount when it arrives and update the scheduled payment to match.
We never ask for your card number, CVV, PIN or OTP — you type the dates and amounts yourself.
FAQ
What is a credit card statement date?
It's the day your card's billing period closes. Everything you spent up to that day is added up into a statement with a total and a minimum amount due.
What is the payment due date?
It's the last day to pay that statement. It usually comes a few weeks after the statement date. Check your card's terms for the exact gap and rules.
What happens if I pay only the minimum?
On most cards, paying less than the full statement amount by the due date means interest is charged on what's left, and often on new purchases too. Check your card's terms — they differ between cards.