Closing Capital One ?

[bichonmom]

My oldest Cap One is coming up on a year next month, so I want to close it before the AF hits. I was wondering how long they generally take to update the info that the acct. has been closed to the CRBs. (Wondering since it's going to affect my util.)

Thanks!

[pipeguy]

I've found that any "update" to an account be it a new CL or different balance or open/closed status depends on the normal cycle of that accounts. In other words, some of my accounts seem to be lagging any update by a month (mostly GE accounts) meaning my current 2.26.12 CR is showing "as of 01/2012". Most of my accounts are updated within a few days (maybe a week) after the statement cuts, this generally includes my Cap-1 accounts (I have one that closes on the 7th and another that closes on the 19th).

I don't think if you close the account today that it will show up on your CR tomorrow, but more so when it usually does a few days after the statement is scheduled to close. I have noticed, especially with Capital One, that new accounts post quickly to CRs, usually within a week of being opened. Can't say if this is normal for everyone.... 

[Anonymous]

Mine reported as closed as soon as my next statement cut/posted (so the usual 2-3 business days after the closing date).

HSBC, on the other hand, is still showing up as open .. after 2 months.

[Skinnyminnie]

Mine had also reported a few days after the statement date.

[bichonmom]

Okay, thanks! I didn't know if it reported right away, like a new acct. does.

[LS2982]

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@bichonmom wrote:

My oldest Cap One is coming up on a year next month, so I want to close it before the AF hits. I was wondering how long they generally take to update the info that the acct. has been closed to the CRBs. (Wondering since it's going to affect my util.)

Thanks!

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If you do it before the statement closing date (ex. closing date is 2/28 you do it today it will update 3/27)