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Just had a question for those of you with this card. I just made my first reward redemption for $100 reward dollars. It just posted to my account and while it reduced my overall balance, it did not reduce my 'Remaining Statement Balance' at all. Has anyone else had this experience?
@Anonymous wrote:Just had a question for those of you with this card. I just made my first reward redemption for $100 reward dollars. It just posted to my account and while it reduced my overall balance, it did not reduce my 'Remaining Statement Balance' at all. Has anyone else had this experience?
That is because it doesn't count as a payment. Your available credit should have gone up, but you still owe what was stated on the last statement.
@Anonymous wrote:
@Anonymous wrote:Just had a question for those of you with this card. I just made my first reward redemption for $100 reward dollars. It just posted to my account and while it reduced my overall balance, it did not reduce my 'Remaining Statement Balance' at all. Has anyone else had this experience?
That is because it doesn't count as a payment. Your available credit should have gone up, but you still owe what was stated on the last statement.
Let's rephrase that a little...its almost like a credit on the current running statement, and not the statement that had been cut.
Yes, Mr. PTato has it right, so definitely do still PIF if possible, accordingly.