How To Make Payments on Your Sleepy’s Credit Card Account

Hey there! If you’re reading this chances are you’ve got a Sleepy’s credit card and are wondering how to make payments on it. Well, you’ve come to the right place!

Making payments on your Sleepy’s credit card account is pretty straightforward. In this article, I’ll walk you through all the steps so you can keep that account in good standing. A well-managed credit card account can help build your credit score over time, so it’s worth knowing how to take care of it properly.

A Little Background on Sleepy’s Credit Cards

In case you’re new to Sleepy’s credit cards, let me give you a quick overview. Sleepy’s, as you probably know, is a major retailer of mattresses and bedding products across the United States. They offer their own branded credit card through Synchrony Bank.

The Sleepy’s credit card gives you perks like special financing offers on Sleepy’s purchases, bonus reward points, and discounts. It’s a “closed-loop” card, meaning it can only be used at Sleepy’s stores and their website. You can’t use it anywhere else.

Now let’s get into the nitty gritty of how to make payments!

Making Payments by Mail

The old school way of paying your bills is to mail in a check or money order. If you want to go that route, here are the steps:

• Have your Sleepy’s credit card account statement handy so you can see your balance, payment due date, and the mailing address for payments.

• Write a check or obtain a money order for the full statement balance or whatever portion of the balance you want to pay.

• Make the check or money order payable to “Sleepy’s Credit Card Services”

• Write your full Sleepy’s credit card account number on the check or money order. This ensures the payment gets applied to the correct account.

• Mail the payment to the address listed on your statement so it arrives by the due date. Allow 5-7 days for mail time.

• Keep the receipt from mailing as proof of your on-time payment just in case.

And that’s it! The old fashioned way isn’t too difficult. Just be sure to have your account number handy and mail it out a week before the due date.

Pay Online Through Your Account

The more modern way to pay your Sleepy’s credit card bill is online through their website. Here’s how to do that:

• Go to www.synchrony.com/myaccount and log into your Synchrony Bank account.

• If you’ve never set up an online account, you’ll need to provide some personal information to verify your identity and link your Sleepy’s account.

• Once logged in, you can view your Sleepy’s credit card account balance and other details.

• When you’re ready to make a payment, click the “Make a Payment” button for your Sleepy’s account.

• Choose whether to pay the minimum, statement balance, or a custom amount.

• Enter your debit card or bank account information to withdraw the funds.

• The payment will process instantly! Just be sure to pay by your due date.

Paying online is so much faster and easier. You get instant confirmation that your payment went through successfully. Just remember to log in and schedule payments well ahead of time.

Set Up AutoPay

The most hands-off approach is to enroll in AutoPay on your Sleepy’s credit card account. Here’s what AutoPay does:

• It automatically drafts your monthly payment from your bank account on the payment due date.

• You can choose to pay either the minimum or statement balance each month.

• You don’t have to remember to log in and manually make payments yourself.

To set up AutoPay, simply:

• Log into your Synchrony account and find your Sleepy’s account.

• Click on “AutoPay Settings”.

• Choose whether to pay the minimum or statement balance each month.

• Enter your bank account information.

• Review and submit the AutoPay authorization.

Once enrolled, AutoPay will kick in on your next payment due date. Just be sure you have enough in your bank account to cover the monthly payment amount before it deducts.

AutoPay makes life so much easier by doing the payments for you automatically. I highly recommend setting it up if you want one less thing to worry about each month.

What If You’re Late or Miss a Payment?

Ideally you’ll make your monthly payments on time by your due date. But life happens sometimes, so you might end up making a late payment or missing one entirely. Here’s what you can expect:

• If your payment is more than 30 days late, you may get hit with a late fee around $30. Multiple late payments can also damage your credit.

• If you miss payments for several consecutive months, your account could go into default status which slashes your credit score.

• Your interest rate might shoot up from an intro rate to a much higher penalty rate.

• You’ll start getting phone calls from debt collectors demanding payment. Not fun.

Obviously, you want to avoid all those nasty consequences! Set payment reminders on your phone, enroll in AutoPay, or do whatever it takes to pay on time every month.

If you do slip up, contact Synchrony immediately and see if they can waive late fees or make other payment arrangements. Communication is key when you hit a rough financial patch.

Other Handy Payment Tips

Here are some other quick tips related to making payments on your Sleepy’s credit card:

• You can make additional mid-cycle payments if you want to pay down your balance faster. Just log into your account anytime.

• If you’re tight on cash one month, paying even the minimum is better than paying nothing at all in terms of avoiding late fees and credit damage.

• You may be able to set up text or email alerts so you get notified as your payment due date approaches each month.

• Sleepy’s may let you skip a monthly payment once per year if you contact them and request it. Useful if money is really tight.

• Paying more than the minimum due helps reduce interest charges. Paying just the minimum can take years to pay off a large balance.

• Keep your bank account and contact info up to date in your Synchrony account profile so payments don’t fail.

And that sums up the key things you need to know about making payments on a Sleepy’s credit card account! It’s really not too difficult if you understand the basic steps.