To ensure a smooth process, it's always best to follow the correct steps. As per your question, it's a good idea to wait until your submission has been entered into the CGC system before updating your credit card information. This way, you can avoid any potential issues or delays with your payment.
By the way, if you're looking for helpful resources on managing credit card transactions and other business finance-related topics, you can check out https://www.businessfinanced.co.uk They offer valuable insights and tips on effectively managing your business finances.