When is the card payment debited from my bank account?

Question

Accepted Answer

RentEase charges your credit card on the day you make your first payment and on the 25th of each month from the second payment, but the actual withdrawal date from your bank account depends on your credit card’s billing cycle.

Credit Card Payment Process

RentEase charges your credit card: the day your first card payment is made; from the second payment, the 25th of every month
The actual withdrawal date: Depends on your card’s billing cycle and payment date

Example Scenarios

Example 1: Closing Date = 15th, Payment Date = 10th of the Next Month

June 25 (RentEase charges your card) → August 10 (Bank account withdrawal)

Example 2: Closing Date = End of Month, Payment Date = 27th of the Next Month

June 25 (RentEase charges your card) → July 27 (Bank account withdrawal)

Please note

Check your credit card’s billing cycle.
Your card’s closing date and payment date vary by issuer. If you’re unsure, please check with your credit card company for details.
If the RentEase card charge date falls on a weekend or holiday
If the 25th falls on a weekend or holiday, the charge will still be processed as usual.
Make sure you have enough available credit before the 25th to avoid payment failures.