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Closing Capital One ?

Senior Contributor

Closing Capital One ?

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! Smiley Happy

 

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EQ FICO 750 | TU FICO 761 (Walmart) | EX FAKO 767 | Goal: 800+

Edits, funky spacing and spelling due to my iPad not getting along with the forum editor!

Message 1 of 6
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Valued Contributor

Re: Closing Capital One ?

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.... 

Message 2 of 6
Established Contributor

Re: Closing Capital One ?

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.

EQ 679 FICO (02/24/2012)
TU 721 FICO (03/10/2012)
EX 703 FICO (05/05/2012)

Cards: NFCU cashRewards $14k, NFCU Platinum $14k, USAA Amex $7k, Amazon Visa $3k, Chase Freedom $2.5k, Amex Zync NPSL, Discover More $1k, Amazon Store $1.3k, Walmart Store $700
Message 3 of 6
Regular Contributor

Re: Closing Capital One ?

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

Message 4 of 6
Senior Contributor

Re: Closing Capital One ?

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

~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*
EQ FICO 750 | TU FICO 761 (Walmart) | EX FAKO 767 | Goal: 800+

Edits, funky spacing and spelling due to my iPad not getting along with the forum editor!

Message 5 of 6
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Mega Contributor

Re: Closing Capital One ?


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! Smiley Happy

 


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




EQ FICO 548 3/3/16
Message 6 of 6