do I have to put a stamp on my credit card payment?

A friend recently wiped out his bank account because after putting several credit card payment envelopes in the mail, he realized he had forgotten to put stamps on them. So, figuring the envelopes would be returned to him, he wrote new checks and sent them in with stamped envelopes. Of course, the credit card companies accepted the postage due on the first batch and took in both sets of payments.

His bank account was wiped out, extra charges, etc.

So, do you really have to put stamps on payments sent to credit card companies?

Anonymous2010-04-28T07:32:42Z

Favorite Answer

If you want to make the decision you do not need to put a stamp on the envelope used for mailing a credit card company based on what happened with one person, the worst that can happen is that your company will not pay the postage and you have a late payment, late fees, probably a hike in interest rate and a derogatory rating on your credit report for that account.