Your Ultimate Guide to Paying Your Zolve Credit Card Bills
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Your Ultimate Guide to Paying Your Zolve Credit Card Bills

Moumita Basu

Getting your first US Credit Card is an essential milestone in your move to America. While there are a lot of perks of using Credit Cards, one crucial aspect that is often overlooked is the perks of paying your credit card bills on time. There have been multiple times in my early credit building days when I was tempted to postpone or completely miss out on paying my Credit Card bill, especially when I was short on cash or already had a slew of bills that needed to be paid. And for this reason, we will explain in this blog why it is crucial to be educated about the consequences of missed payments, the benefits of timely payments, and everything in between.

What is my monthly statement, and how do I find it?

Your monthly statement is nothing but a download of your Credit Card activity and how much you owe at the end of each month. The billing cycle length varies from issuer to issuer and may range from 27-31 days. At Zolve, your monthly Credit Card bill is generated on the 15th of every month. Keep an eye out on the Zolve app on the 15th of each month. You can pay your bill by the 10th of next month.

Where to find my Zolve Credit Card bill?

Your Zolve Credit Card bill can be viewed in the app once we generate your monthly statement. Additionally, we send your bill to your registered email and nudges so that you don’t miss out on any payments.

How to pay my Zolve Credit Card bill?

Paying your Zolve Credit Card bill is a straightforward process. There are two ways by which you can pay your bill:

If you are paying through your Zolve checking account, you need to:

  • On the Zolve app, go to the ‘My Card’ option
  • Select the Zolve Credit Card
  • Enter the amount
  • Click on pay now
  • Initiate the payment
  • If the bill is yet to be generated, click on ‘Pay Early’

Please note that the amount paid will be settled in a couple of hours.

If you are paying through your external account, you need to:

  • Open the Zolve app and go to the ‘My Card’ option
  • Select your Zolve Credit Card
  • Click on the link to another account and press continue
  • Choose your preferred bank
  • Enter bank credentials and click on Verify
  • Your bank account is added and is now active with Zolve
  • Select your account from the dropdown menu
  • Enter your Zolve pin, and you’re done

In case you don’t have an external account linked, you need to:

  • Go to Bank - > My cards -> Select Credit card -> Pay Now
  • Click Link New Account
  • Select Zolve Direct / Zolve Micro
Zolve Direct:
  • Select the external bank
  • Enter the external bank credentials (Username and password)
  • Click ‘Confirm’
Zolve Micro:
  • Select the external bank
  • Enter external bank account number and ACH routing number
  • Zolve would then make two micro deposits of less than $1 on the external account in 24-48 hours
  • The user has to verify the receipt of the micro-deposits on the zolve app
  • Once it is confirmed, the account gets linked


*The amount gets settled within 2 - 3 business days

What is the total due and minimum due on your Zolve Credit Card?

Banks generally ask you to pay the minimum amount due by the due date; in this way, you won't be charged any late fees, but you will be charged interest from the day you made that transaction. Simply put, the minimum due is the amount you need to pay to keep your Credit Card active. Total due is the amount you spend in the previous month plus any charges.

Pro tip: Always paying the minimum due amount could impact your credit score, and you will also pay higher interest. Whereas paying more than the minimum due or in full will help you:

  • Save money
  • Pay your debt faster
  • Improve your credit score

What is an APR?

APR, or Annual Percentage Rate, is nothing but the interest charged by lenders for delaying your credit card payment. Since it’s an amount charged to you, the lower the APR, the more desirable it is for you.

How much APR does Zolve charge?

Zolve charges one of the lowest APRs in the industry on average. Currently, Zolve charges you an APR of 14.99% per annum.

What will happen if you miss your Zolve Credit Card payment?

Not paying your Credit Card bill will leave a long time impact on your credit score and financial history. The due date of your Credit Card payment signifies that the billing cycle has ended, and it is time to make the payment. A late fee is charged when your Credit Card payment is not made within the due date. Apart from this, if you consistently miss out on paying your Credit Card bill on time, your credit score will take a hit, making it more challenging to apply for loans and many other things.

How to ensure that you clear your Credit Card bills on time?

  • Set a reminder
    The Zolve app sends you regular reminders about bill generation and due payment dates.
  • Track your spending
    Nothing easier than tracking where you’ve spent your money so you know what’s due and when. And Zolve lets you do exactly that!