If it says "Next statement date is on October 16th" then..?

Credit card wise:


If it says "Next statement date is on October 16th" then does that mean that if I put something on my card on the 16th, would it show up on the new bill or the current one? Or would it be the 17th?|||Yes, that is right.





It means the cut off is on 16th, so any transaction after 16th falls to next month.





If you time your spending properly, you can get up to 58days credit on a 30days credit card- as staged by banker.





Cheers !