Need more time to repay your Keep card? With a statement extension, you can carry your balance over time instead of paying it all at once — up to 6 months — with flexible, automatic payments. For more information about how Statement Extensions work, please read the following guide.
In This Article:
- What is a statement extension?
- How do I set up a statement extension?
- Can I change it or turn it off?
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How do I pay my statement extensions?
- Frequently Asked Questions
Before You Begin
When you use your Keep card, you have 30 days to make purchases before your balance is due. However, it's important to note that if you make a purchase just one day before the due date, the full amount will be debited the next day when your billing cycle closes.
Statement extensions are available to all Keep customers.
What is a statement extension?
A statement extension (sometimes called “carrying a balance”) lets you spread your card repayment over time instead of paying the full amount on your statement due date.
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You can extend a full statement balance across up to 6 months
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A transparent 3% fee is applied once, upfront
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Weekly payments are automatically deducted from your linked business account.
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No interest, and no penalties for paying early
⚠️ Your full card balance is extended — individual transactions can’t be excluded.
How do I set up a statement extension?
You can activate your first statement extension directly from your dashboard:
- Go to the " Statement Extensions" section from the sidebar menu in your Keep dashboard.
- Click "Get Started".
- Use the calculator to arrive at a plan that's best suited to your business needs.
- Confirm your plan.
You can put any amount and term length in this calculator but your full card balance will be carried over. Once confirmed, your full card balance is extended and your plan begins.
🔁 Even if you only want to extend one statement, make sure the auto-extension toggle is ON.
Please refer to the images below for a step by step on how to activate your statement extension. From choosing your financing plan to the confirmation page saying you are all set.
Can I change or turn it off?
Yes. You can manage your plan settings at any time before your statement due date.
To make changes:
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Go to the Statement extension page in your dashboard
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Adjust the term length or plan
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Confirm to apply the new schedule
To stop extending future statements, toggle Auto-extension OFF.
⚠️ If turned off, your full balance will be debited on the due date with no additional fees.
How do I pay off my statement extension?
You’re in control of your payments. Whether you’re paying ahead, catching up, or closing it out early, you can manage all payments in one place.
To learn how to:
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Pay overdue installments
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Pay your upcoming weekly payment
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Pay off the full balance
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Make a custom payment
👉 See our guide to paying statement extension installments
💡 All payments are distributed automatically across your open plans, starting with the most urgent.
Frequently Asked Questions
1. Can I repay early?
Yes! You can repay your full balance anytime without penalties. Once paid off, no more weekly fees or payments will be charged.
2. Can I make a partial payment to reduce my balance?
Yes. You can pay any amount — it’ll be applied starting with overdue items and then reduce your upcoming installments.
3. How do I track my payment progress?
Go to the Statement extension page in your dashboard to view your balance, payment history, and active plan details.
4. What if my payment fails due to insufficient funds?
We’ll notify you and attempt collection again based on your plan. Late fees may apply. Contact us if you anticipate an issue.
5. Can I choose what day my payments are debited?
Yes. Learn how to change your repayment day here.
Need more help?
If you have any further questions or need assistance, please contact us at support@trykeep.com or contact your Account Manager.