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Established Contributor
zerobacan
Posts: 726
Registered: ‎01-13-2013
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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.
Mega Contributor
LS2982
Posts: 15,434
Registered: ‎04-09-2011
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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??

 




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Super Contributor
enharu
Posts: 6,962
Registered: ‎02-27-2013
0

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
SnackTrader
Posts: 1,566
Registered: ‎09-15-2012
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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) $22.200, Cap1 Quicksilver (6/12) $14,000, Chase CSP (4/14) $12,000, Barclaycard Rewards (5/13) $10,500, Citi Forward (12/12) $9,600, Chase Freedom (12/12) $5,000

Last App: April 2, 2014
Senior Contributor
jsucool76
Posts: 3,567
Registered: ‎12-11-2011
0

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
MovingForward_2012
Posts: 3,406
Registered: ‎12-19-2012
0

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! :smileyhappy: Last App: 4/5/13 Gardening until July 2014
Established Contributor
zerobacan
Posts: 726
Registered: ‎01-13-2013
0

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.
New Contributor
RhubarbPie
Posts: 107
Registered: ‎01-31-2013
0

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.

 


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