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Cap 1/HSBC No statement if no activity?

Established Contributor

Cap 1/HSBC No statement if no activity?

I have not used my card since August and should have had a statement on the 6th or 7th this month. Is it normal to skip a statement/not submit to CRA if there was no activity? This is a household bank card that Cap 1 took over.

100% Ficos: EX 780 , TU 783, EQ 776 inquiries last 2 years/1 year/6 months: EX-0/0/0, TU-0/0/0, EQ-1/0/0~ last credit card app 6/24/13- New car loan 3/8/2014- Discover IT $12,500~Kohls $1000~Amex BCE $4000~ Walmart Discover $7500~NFCU Signature CashRewards $23,300 Chase Freedom MC $6000~ Chase Amazon Visa $1900~ Cap 1/HSBC MC $3800~ Amazon Store $7000~ Fingerhut $1050
Message 1 of 6
5 REPLIES
Moderator

Re: Cap 1/HSBC No statement if no activity?


calihlove75 wrote:

I have not used my card since August and should have had a statement on the 6th or 7th this month. Is it normal to skip a statement/not submit to CRA if there was no activity? This is a household bank card that Cap 1 took over.


It can happen, I don't know about normal.  Pretty much for this reason alone I charge something trivial on every card that I have at least once a month; however, I don't think there's any lasting damage assuming the creditor updates at sometime in the future so my personal behavior is probably a bit extreme, and admittedly I only have four cards to worry about anyway.

Starting Score: EQ 5 561, TU 98 567, EX 2 599 (12/30/11)
Current Score: EQ 5 771, TU 4 758, EX 2 758, EQ 8 795, TU 8 762, EX 8 786 (7/28/17)
Goal Score:    EQ 5 750, TU 4 750, EX 2 750, EQ 8 800, TU 8 Blah, EX 8 800 (01/01/18)


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Message 2 of 6
Senior Contributor

Re: Cap 1/HSBC No statement if no activity?

I think it's more appropriate to charge sthing small on each account every 6 mos to a year... Just to keep em active. Of course, I have like 18 credit cards haha... 13 of which have no bal. Hahaha
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| BOA Better Bal $17.5k |Wmt Discover $12.5k | BR Visa $17.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Smile Gen $7.25k | Dillard's $10k | West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Message 3 of 6
Established Contributor

Re: Cap 1/HSBC No statement if no activity?

I would go on the web site and check just to be on the safe side. If they make a mistake it's still *your* fault, so better be extra careful.


calihlove75 wrote:

I have not used my card since August and should have had a statement on the 6th or 7th this month. Is it normal to skip a statement/not submit to CRA if there was no activity? This is a household bank card that Cap 1 took over.


 

SevenNEW, Garden Nerd - In the Garden until 2015!
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Message 4 of 6
Established Contributor

Re: Cap 1/HSBC No statement if no activity?


SevenNEW wrote:

I would go on the web site and check just to be on the safe side. If they make a mistake it's still *your* fault, so better be extra careful.


calihlove75 wrote:

I have not used my card since August and should have had a statement on the 6th or 7th this month. Is it normal to skip a statement/not submit to CRA if there was no activity? This is a household bank card that Cap 1 took over.


 


I check all of my accounts daily. It is always a zero balance anyway. I was just curious on why no statement.

100% Ficos: EX 780 , TU 783, EQ 776 inquiries last 2 years/1 year/6 months: EX-0/0/0, TU-0/0/0, EQ-1/0/0~ last credit card app 6/24/13- New car loan 3/8/2014- Discover IT $12,500~Kohls $1000~Amex BCE $4000~ Walmart Discover $7500~NFCU Signature CashRewards $23,300 Chase Freedom MC $6000~ Chase Amazon Visa $1900~ Cap 1/HSBC MC $3800~ Amazon Store $7000~ Fingerhut $1050
Message 5 of 6
Established Contributor

Re: Cap 1/HSBC No statement if no activity?

I check all of my accounts daily. It is always a zero balance anyway. I was just curious on why no statement.


Very wise. I'm not sure why there would be no statement -- I have a CapOne Platinum and they always issue a statement, even w/o activity.

SevenNEW, Garden Nerd - In the Garden until 2015!
4.2K 10K 24.6K
Message 6 of 6