Can I Make a Quick Pay Payment Different than the Statement Balance

bwentzel13

I use Check Pay for credit card payments but I'm considering switching to Quick Pay to eliminate the lag between submitting the payment and the payment actually making it to the company. My first question is, is that a reasonable expectation? Generally, how long is the time between submission and the payment being received? Also, I generally pay whatever the current balance is and often times that is different that the statement balance. Will Quick Pay allow me to pay an amount different than the statement balance?

UKR

For the most reliable method and to be able to pay variable amounts, other than minimum balance or statement balance, I would recommend you logon to the credit card's website and submit a one-time payment from there.
You'll have to remember to do that monthly, on time, before the due date.
Usually, you can submit this payment to be scheduled either immediately or on a specified due date. The transaction will execute as specified in the credit card account and arrive at your checking account within a business day or two.

If you always were to make payment of the full statement balance every month and you want to automate the process, logon to the credit card's website once and set up payments to occur on due date, every month, for full statement balance. The credit card company's computers will do all the work for you, on time, every time.
In Quicken unlink the scheduled reminder and execute it locally (not as an online payment or Quick Pay or Check Pay) on or before the due date, perhaps on the day you receive notification of the next statement being available. Be sure to execute the reminder BEFORE you download transactions for either credit card or checking account containing the payment confirmations. This way a good transfer transaction already exists in both your registers and Quicken can correctly match the downloaded confirmations to what already exist in the register, without causing any issues.