Missed Flex Payment but paid it off on the same day

Help
1

Hi all,

I enjoy using Monzo due to their Flex Card for bigger purchases, normally I keep most of my money in a separate bank account though.

Today I was due to pay my Flex Card off but when I went to the app it said I’ve missed the payment for 31st December - I went and transferred money over and made the payment as soon as I’ve seen it.

Will this affect my credit score in any way?

1 Like
2

Nope.

1 Like
3

You have a grace period of 14 days.

1 Like
4

This is not correct. It’s 7 days

1 Like
5

I just went by memory, I recall it being 7 days and they wanted to bring it in line with loans being 14 days.

Not sure they ever did based on the link above.

I’m pretty confident they never reported it until 14 days but this was a few year back now.

1 Like