If I make a payment mid cycle, will it reduce my monthly payment?
Does a payment reduce the monthly payment
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Hey @Emma75 , thanks for getting in touch😀.
So I can help you further, what type of account do you have with Tesco Bank? -
@Joanne-D it’s a Clubcard credit card
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@Emma75 Thanks for confirming😀.
If you have your direct debit set up to pay the full statement balance, as long as the payment is made 3 working days before your direct debit is due to collect then this will reduce the amount we collect for the month. Minimum and fixed direct debits will still collect as normal if there is an overall balance on the account.
I hope this clarifies things for you.