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Capital One reported my balance 15 days b4 due date?? why???

Established Contributor

Capital One reported my balance 15 days b4 due date?? why???

Why would Capital 1 report to my cr my balance? Has anybody seen that?
Amex PRG NPSL, Amex Delta 2k (AU) Discover iT 5k, BOFA Siggy $5k, BOFA AlaskaAir Siggy 5k, BBVA Compass $5k! Macy's $4.5k, C1 $2.5, SFCU $2.5k, SFCU LOC $2k, Paypal SmartC $4k, Sam's 5.5k Victoria Secret $2k, Kay's $1.7k.,76/Citi $1.5k Amazon $5k, Walmart Disco $3k JC Penny $4k, C1 $2.5, BBRZ 700.
Starting:TU:536 EXP:561 : EQ:552 Current:TU:680 Walmart (2-15-14)EXP:712 FICO!! (12-4-13):EQ:622 (FICO 2-6-14) Uti 27% Goal: 720 By 12-13.
7 REPLIES
Mega Contributor

Re: Capital One reported my balance 15 days b4 due date?? why???


zerobacan wrote:
Why would Capital 1 report to my cr my balance? Has anybody seen that?

You must have triggered something in their systems to do a mid-cycle update.

 

-missed a payment??

-Address change??

-Added an AU??

-Multiple payments in a cycle??

 




EQ FICO 548 3/3/16
Super Contributor

Re: Capital One reported my balance 15 days b4 due date?? why???

Going overlimit, disputing transactions due to fraud, or anything fraud related triggers it too.

They are still going to report again when your cycle closes, so no worries.

Hope that helps!

JPMorgan Palladium (100k), AmEx Platinum (NPSL), AmEx SPG (46k), AmEx BCP (42k), Chase Sapphire Preferred (47k), Citi Prestige (31k), Citi Thank You Preferred (27k), Citi Executive AAdvantage (25k), JPMorgan Ritz-Carlton (21k), Merrill+ (15k), US Bank Cash+ (22.5k), Wells Fargo (12k), Bloomingdale’s (12.4k), Chase Freedom (5k), Discover IT (5k).
Valued Contributor

Re: Capital One reported my balance 15 days b4 due date?? why???

Balances are not reported on due date for Capial One in my experience. The balance is typically reported on the statement closing date, which is approximately 25-28 days before your due date. So, you may just be mistaken on the expectations for reporting. 


In My Wallet: Amex BCP (12/12) $50,000, Chase Freedom (12/12) $16,500, Cap1 Quicksilver (6/12) $14,000, Barclaycard Rewards (5/13) $10,500, Citi Prestige (4/16) $30,000

Last App: June 27, 2015
Super Contributor

Re: Capital One reported my balance 15 days b4 due date?? why???

Balances report the within 3 days of your statement cutting, not your due date.


Valued Contributor

Re: Capital One reported my balance 15 days b4 due date?? why???

My Cap1 Cash Rewards card reports a few days after my due date with the balance reflected on my statement when it cuts.
Cards: Orchard Bank ($1100) | Cap1 Cash Rewards ($2500) | Chase Freedom ($1000) | Best Buy ($2500) | Discover It ($1000) | Barclay Rewards ($2500) | Current scores: EX FAKO: 684, CK TU: 649, FICO EQ: 680, FICO TU: 698, FICO EX: 658 Happy Homeowner Since 2/6/13! Smiley Happy Last App: 4/5/13 Gardening until July 2014
Established Contributor

Re: Capital One reported my balance 15 days b4 due date?? why???

My due date is March 13 and i know my statement cut day is march 17. I got close to the limit and that maybe why
Amex PRG NPSL, Amex Delta 2k (AU) Discover iT 5k, BOFA Siggy $5k, BOFA AlaskaAir Siggy 5k, BBVA Compass $5k! Macy's $4.5k, C1 $2.5, SFCU $2.5k, SFCU LOC $2k, Paypal SmartC $4k, Sam's 5.5k Victoria Secret $2k, Kay's $1.7k.,76/Citi $1.5k Amazon $5k, Walmart Disco $3k JC Penny $4k, C1 $2.5, BBRZ 700.
Starting:TU:536 EXP:561 : EQ:552 Current:TU:680 Walmart (2-15-14)EXP:712 FICO!! (12-4-13):EQ:622 (FICO 2-6-14) Uti 27% Goal: 720 By 12-13.
Highlighted
New Contributor

Re: Capital One reported my balance 15 days b4 due date?? why???


zerobacan wrote:
My due date is March 13 and i know my statement cut day is march 17. I got close to the limit and that maybe why

The default payment due date for a lot of cards is often 25 days after your statement closes (you can change that online in your settings if you want). So if your payment due date for your Feb statement is 5 days before your March statement closes, that would be 25 days after your Feb statement close. Your Feb balance will report shortly after your closing date, which was around Feb 17, which is what happened.