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Cap1 billing question on my CC

Valued Contributor

Cap1 billing question on my CC

Forgot I had a $14.95 charge on my Cap1 card.  I paid it tonight but it was after 5:00 pm so the payment will be processed tomorrow.  My statement cuts tomorrow (1/24/13).  So the question is what balance will my card report? $14.95 or Zero!

 

Kicking myself for not checking this sooner but I didnt think I had any charges on the card (I had PIF the card about 8 days ago and hadnt used it since.)



Starting Score: EQ 551 TU 548 CK 607on 6/8/12, EX 542(AMEX pull 3/4/12)
Current Score: EQ 710 TU 727 EX 704 CK 719(FAKO-EX 697, EQ 697, TU 697)
Goal Score: 750

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13 REPLIES
Established Contributor

Re: Cap1 billing question on my CC


Duncanrr wrote:

Forgot I had a $14.95 charge on my Cap1 card.  I paid it tonight but it was after 5:00 pm so the payment will be processed tomorrow.  My statement cuts tomorrow (1/24/13).  So the question is what balance will my card report? $14.95 or Zero!

 

Kicking myself for not checking this sooner but I didnt think I had any charges on the card (I had PIF the card about 8 days ago and hadnt used it since.)


I would think it would report as $14.95 because the payment was not processed before the statement.

Amex BCE $10,000 | BofA Power Rewards WMC $10,000 | Discover It $10,000 | ICBC Preferred Gold UnionPay $8,000 | Local CU Visa $3,500
Valued Contributor

Re: Cap1 billing question on my CC

As long as the statement cuts after business tomorrow, it'll be $0.

FICO Scores Updated 07/15 EQ08 748 EX08 748 TU08 818
Established Contributor

Re: Cap1 billing question on my CC


ilovelisa wrote:

Duncanrr wrote:

Forgot I had a $14.95 charge on my Cap1 card.  I paid it tonight but it was after 5:00 pm so the payment will be processed tomorrow.  My statement cuts tomorrow (1/24/13).  So the question is what balance will my card report? $14.95 or Zero!

 

Kicking myself for not checking this sooner but I didnt think I had any charges on the card (I had PIF the card about 8 days ago and hadnt used it since.)


I would think it would report as $14.95 because the payment was not processed before the statement.


Although, if they cut the statement at 5 tomorrow, but process your payment before that then it should be 0.

Amex BCE $10,000 | BofA Power Rewards WMC $10,000 | Discover It $10,000 | ICBC Preferred Gold UnionPay $8,000 | Local CU Visa $3,500
Established Contributor

Re: Cap1 billing question on my CC

Hmmmm.....I swear this happened to me once a few months back and I ended up with a zero balance on my statement.  Of course, this is Cap One we're talking about, so obviously YMMV.

 

FICOs: TU08 850 EQ08 850 EX08 849

My Wallet: Amex Gold NPSL; Amex Optima Platinum $25K; Amex BCE $12K; BofA Visa $10.1K; BofA TR Visa $18K; Cap1 Quicksilver Visa Sig $10K; CSP $28.2K; Chase Freedom $13K; Citi Costco Visa $19.3K; Citi Double Cash $13.5K; Citi Simplicity Visa $23.3K; Discover IT $50K; Fidelity Amex $25K; PenFed Plat Rewards Visa Sig $50K; Sallie Mae WMC $17.5K; Sears MC $10.1K; US Bank Cash+ Visa Sig $26K; Walmart Discover $10K; Wells Fargo Rewards Visa Sig $14K
Senior Contributor

Re: Cap1 billing question on my CC

My bet is Zero.

Valued Contributor

Re: Cap1 billing question on my CC

Thanks for the replies.  I hope its zero.  I have higher than normal UTIL (about 30% on my NFCU - 8.4k balance and 14% on Walmart Discover - 700 balance) and I'm trying to keep my other cards in check while I pay off my holiday/remodel spending.



Starting Score: EQ 551 TU 548 CK 607on 6/8/12, EX 542(AMEX pull 3/4/12)
Current Score: EQ 710 TU 727 EX 704 CK 719(FAKO-EX 697, EQ 697, TU 697)
Goal Score: 750

Take the FICO Fitness Challenge
Valued Contributor

Re: Cap1 billing question on my CC


Duncanrr wrote:

Forgot I had a $14.95 charge on my Cap1 card.  I paid it tonight but it was after 5:00 pm so the payment will be processed tomorrow.  My statement cuts tomorrow (1/24/13).  So the question is what balance will my card report? $14.95 or Zero!

 

Kicking myself for not checking this sooner but I didnt think I had any charges on the card (I had PIF the card about 8 days ago and hadnt used it since.)


Maybe set up an auto paid for CApital One then you wont forgot Duncanrr......But what really matter thou ??? I know you wont apply for anything for awhile from now right ??? give MY BUDDIE CAPITAL ONE a break lolll


Starting Score: 560
Current Score: 748 Wishlist: CSP, Simply Cash, SPG, BOLD, INK, United MP,
Goal Score: 800


Walmart: 10k |Usaa: 8k|BCE: 13k| Amex: NSPL|Dis: 9.4k|Cap: 5.5k|CAP: 2k|CSP: 13.4k| Pen:4.5k

Valued Contributor

Re: Cap1 billing question on my CC


nicholasyud wrote:

Duncanrr wrote:

Forgot I had a $14.95 charge on my Cap1 card.  I paid it tonight but it was after 5:00 pm so the payment will be processed tomorrow.  My statement cuts tomorrow (1/24/13).  So the question is what balance will my card report? $14.95 or Zero!

 

Kicking myself for not checking this sooner but I didnt think I had any charges on the card (I had PIF the card about 8 days ago and hadnt used it since.)


Maybe set up an auto paid for CApital One then you wont forgot Duncanrr......But what really matter thou ??? I know you wont apply for anything for awhile from now right ??? give MY BUDDIE CAPITAL ONE a break lolll


No apping.  I just got BCP and Discover It.  I have some higher than normal UTIL and wanted to control my other posted balances while I pay off the other two cc's.

 

P.s. can you setup a Autopayment to PIF a day before your statement cuts?



Starting Score: EQ 551 TU 548 CK 607on 6/8/12, EX 542(AMEX pull 3/4/12)
Current Score: EQ 710 TU 727 EX 704 CK 719(FAKO-EX 697, EQ 697, TU 697)
Goal Score: 750

Take the FICO Fitness Challenge
Regular Contributor

Re: Cap1 billing question on my CC


Duncanrr wrote:

 

P.s. can you setup a Autopayment to PIF a day before your statement cuts?


Not from your bank. They use the statement to get the amount to pay. If it's an autopayment, you can set your bank to pay the same amount on the same day the charge hits your card, that's what I do. Sometimes the payment clears before the charge even hits though.

Current Cards: AMEX Everyday ($15k), AMEX BCE ($20k), Amex Platinum, Arrival ($11.5k), Merrill+ ($7.5k), Freedom ($5k), Double Cash ($6.5k)

2/16 - 864 Fico EQ (CITI); 818 Fico Ex (AMEX)