If you’ve paid off your credit card but have no available credit, the card issuer may have put a hold on the account. The reasons for the hold may include exceeding your credit limit and missing payments, especially if you do so repeatedly. If neither of these things apply, it’s likely that the payment simply hasn’t posted yet.
The payment won’t be reflected in the available credit until it is posted. Payments made through the card issuer’s website or mobile app during business hours may post to your account faster, a mailed check will obviously take longer to reach the credit card company. If you need to know exactly how long a payment will take to post, it's always a good idea to call your card’s issuer.
Issuers Have the Last Word on Applying Available Credit
By law, the decision to restore available credit is up to the issuer, so even if you paid your bill on time, the issuer may delay replenishing your credit limit. Each credit card issuer has the authority to determine when an account’s available credit will be replenished after the balance is paid. Depending on the card issuer, the payment method, and the payment date, a payment can take one to seven business days to be reflected in the card’s available credit, or even longer in some cases.
To learn more, refer to WalletHub’s article on available credit.
This answer was first published on 03/24/20 and it was last updated on 04/18/24. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.
