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Established Member
Posts: 18
Registered: ‎11-26-2012
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Credit Card reporting Dates

Sorry if this has been answered severtal times.......How do I know when each of my CC will report to the CRA's?  What I mean is after I make a payment, how do I know if I pay off a card or significantly lower my balance, did I do it in time to get it reported befort the CC reports.

 

Thanks

Community Leader
Super Contributor
Posts: 6,855
Registered: ‎03-06-2010
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Re: Credit Card reporting Dates

[ Edited ]

Call them. Most will be able to tell you the actual date the card reports to the CRA's.

Generally its about 3 days after your statement date, but that's a rule of thumb. The CSR can give you the exact date it reports.

 

Valued Contributor
Posts: 1,671
Registered: ‎05-24-2007
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Re: Credit Card reporting Dates

Almost all report the statement balance shortly after the statement has been generated. There are a small number that report on a certain day of the month like the 30th.

 

Which CC?

 

They all take a certain amount of time to report to the CRAs. BofA reports almost instantly - seems like minutes. Citi may be that fast also. Chase & CapOne take about a day. Amex used to take several days but now seem to report the next business day.

 

The CRAs take some time to update. EX is almost instant. TU and EQ take 2-4 days.

 

The combination of BofA and EX means that a BofA account statement that closes at midnight will be updated on EX by early the next morning. Their mortgage accounts are painfully slow, which seems strange to me. They are 1-2 payments behind.

Established Contributor
Posts: 699
Registered: ‎03-16-2012
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Re: Credit Card reporting Dates

[ Edited ]

vader77 wrote:

Sorry if this has been answered severtal times.......How do I know when each of my CC will report to the CRA's?  What I mean is after I make a payment, how do I know if I pay off a card or significantly lower my balance, did I do it in time to get it reported befort the CC reports.

 

Thanks



when the new statement cuts, that's the time they will report your balances.... for example, capital ones statement cut is usually 3 days after the due date.... GE cards are usually 7 days after the due date and so on.... if you have an amex, it is the "closing date"...... i didn't know about this until I joined this forum... I would pay my first cap one in full for the first year but the balance always reports to the max..... now, I know better and would make sure I leave little or no balance before the statement  cut date........


Starting Score: TU: 598 03/23/2012 EQ:607 05/24/2012 EX:607 04/26/2012 (lender pull) EX FAKO:522 03/2012
Current Score: TU(Myfico)04/2013:689 EQ(Myfico)04/2013:701 EX(AMEX pull)04/01/2013:675 (CreditSecure FAKOS) 5/14/2013 EX:726 EQ:701 TU:730 TU(Walmart):699
Barclay Rewards:5k/Cap1:$3.5k/Cap1:$2.5k/Citi TYP:2k/Freedom:$5k/Slate:3k/Marriott visa sig 5k/BCE:$1k/Zync: $500 PSL/Discover IT:$1.9k/Walmart:$8k/Chevron:$5k/Gap:$5k/Kay:$3.4kk



Contributor
Posts: 139
Registered: ‎07-31-2012
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Re: Credit Card reporting Dates

In my experience they report 6-7 days after statement due date with the balance that was remaining after that day. Example; statement ends on the 5th, it will report on the 12th with the balance that you had on the 6th. This means that if you had a balance on the 6th it will appear on your report/statement even if you PIF before your CR gets updated. All of my cards have done this (GE, recently CITI and a VISA from a local bank). I am not 100% sure that this is the same for everyone, but it has been spot-on with me and my sister's accounts.
As of Feb: AAoA 1 year, 10 months
CK TU: 740; Wal-Mart TU FICO: 721
CS EX: 715
8 CCs, 15 total accounts.
Negs on report: 1 30 day late aged 3 years
5 inquiries
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Valued Contributor
Posts: 1,507
Registered: ‎07-24-2011
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Re: Credit Card reporting Dates

I have two CU CC's and they report on the 30th or 31st of the month.  I assumed they reported right after the statement date but that was wrong.  So I just make sure that my balance is as close to zero around those dates.  The rest of my CC's seem to report the statement closing dates.


Major CC's - Barclay's ($5.5K) | Barclay's Sallie Mae MC ($5K) | DCU ($7.5K) | Discover IT ($1.4K) | Genisys Visa ($1.4K) | NFCU Visa ($22K) | Navcheck ($15K) | Chase Freedom ($5K) | SDFCU Visa ($8K) | Amex BCP ($9.5K) | Amex Delta ($10K) |Store CC's| -Amazon ($4K) | Catherines ($850) | JCP ($4K) | Macy's ($1.7K) | Avenue ($850) | Victoria's Secret ($1.4K) | Walmart ($4.1K) | Paypal SC ($1.3K) | HSN ($2.5) | Sears ($2.6K) | Sams Club ($4.1K) |Goal|: Age with grace to 750 across the board |Last app|: 3/3/2014
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