Same Payment Due Dates.
I have been maintaining 2 credit cards with HSBC for the longest time. I was surprised to receive just recently both billing statements for this month at the same time. In the past, it has always been that they have a different cutoff and payment due dates. But now apparently, their cutoff schedule got synched and just have one due date now. I’ve got no problems with the setup and I have no qualms about credit card debt settlement because they’re my obligations after all. The only downside is that they’re kinda heavy on the wallet since I have to pay them both at the same time. I was not advised beforehand also of this adjustment so I wasn’t able to anticipate and planned the timing of my recent purchases recently. If there’s one good thing though about this synchronized billing cycle is that I won’t tend to forget or miss out paying any of them since I receive them together and I’ll be paying for them at the same time.
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