Your statement cycle begins on the 1st of the month and ends on the last day of the month. On the 1st of each month, you will receive a statement & bill with spending from the previous months. That bill will be due at the end of the month (i.e. in ~30 days). If you do not pay your entire bill before the end of the month, you will incur interest. If you do not pay the minimum payment listed on your statement, you will incur a late fee.

For example, you spent $100 in January, and $200 in February. Your total balance is $300, but only the $100 from the January statement is due by the last day of February. The $200 from your February spending is due the last day of March, and so on.

See the cardholder agreement for more details.

Rocket Card is Powered by Deserve and issued by Celtic Bank, a Utah-Chartered Industrial Bank, Member FDIC.

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