Webster Bank, Cardmember Services Added Finance Charge even though bill was paid in full Wilmington Delaware
Previous Balance was paid in full. Finance charge added was $2.19. The Grace Period paragraph states:
Grace Period (at least 20 days): We accrue periodic finance charges on a transaction, fee, finance charge from the day it is added to your daily balance until payment in full is received on your account. However, we do not charge periodic finance charges billed during a billing cycle if we receive both payment on your New Balance on your current statement by the date and time your payment is due and also payment of your New Balance on your previous statement by the date and and time your payment was due. There is no grace period for balance transfers, cash advances, check transactions, or overdraft advances.
Happy55
West Hartford, Connecticut
U.S.A.