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Discover Zero Balance Not Reporting

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Jayb5635
Established Contributor

Discover Zero Balance Not Reporting

Does anyone have experience with Discover not reporting a zero balance to  the credit bureaus ???  My statement cut a week ago, but neither experian or equifax reflect it.  Or does it take a along time ???









In my wallet: Amex Platinum NPSL, Amex Everyday Preferred $15,000, Amex Starwood $10,000, Chase Freedom Visa Signature $10,000, Chase Sapphire Preferred Visa Signature $15,000, Chase Ink Plus Visa Signature $5000 Barclaycard Arrival Plus MasterCard World Elite $10,000, Cap One Quicksilver MasterCard $6000, Citi Prestige World Elite MasterCard $10,000, Citi Forward Visa $6900, Citi Premier World Elite MasterCard $5,800, Discover IT $8500
Message 1 of 24
23 REPLIES 23
-Wade-
Valued Contributor

Re: Discover Zero Balance Not Reporting


@Jayb5635 wrote:

Does anyone have experience with Discover not reporting a zero balance to  the credit bureaus ???  My statement cut a week ago, but neither experian or equifax reflect it.  Or does it take a along time ???


Is this a new TL ??? did it report on TU ???

"Garden Club Member " Old user name newportguy*** Current Score: myFico EQ - 830 (07/16/2015) Discover TU Fico - 833 (09/03/2016) EX Fico - 839 ( 09/01/2016 ) ******* Amex - BCP 11.5K * Discover - IT 43.5 K * U.S. Bank Cash + Visa Signature 15.3 K * PenFed - Cash Rewards 15K *PenFed Power Cash 19K ** Amex - GDSM 10K ******FICO 800 Club Member ******* EQ 830 *** TU 833 *** EX 839 ***
****** Last HP & New TL was March 6th 2014 *** GOAL: No HP's or New TL's for 2 + years and 840's Scores ******
Message 2 of 24
CreditMagic7
Mega Contributor

Re: Discover Zero Balance Not Reporting

It's been mentioned in another thread that Discover doesn't report zero balances. Their way of adding their version of a an annoyance. But they will fill in the blanks to CRA's when you apply a balance to their card.

I just pushed thru an overpayment but i highly doubt even that will mirror the positive credit amount that does report on their accounts website.
Message 3 of 24
Jayb5635
Established Contributor

Re: Discover Zero Balance Not Reporting

Not new, I've had it since March 2013.









In my wallet: Amex Platinum NPSL, Amex Everyday Preferred $15,000, Amex Starwood $10,000, Chase Freedom Visa Signature $10,000, Chase Sapphire Preferred Visa Signature $15,000, Chase Ink Plus Visa Signature $5000 Barclaycard Arrival Plus MasterCard World Elite $10,000, Cap One Quicksilver MasterCard $6000, Citi Prestige World Elite MasterCard $10,000, Citi Forward Visa $6900, Citi Premier World Elite MasterCard $5,800, Discover IT $8500
Message 4 of 24
Jayb5635
Established Contributor

Re: Discover Zero Balance Not Reporting

Ugh, that blows.  I want to apply for the amex blue cash preferred, gonna have to wait until next month now.









In my wallet: Amex Platinum NPSL, Amex Everyday Preferred $15,000, Amex Starwood $10,000, Chase Freedom Visa Signature $10,000, Chase Sapphire Preferred Visa Signature $15,000, Chase Ink Plus Visa Signature $5000 Barclaycard Arrival Plus MasterCard World Elite $10,000, Cap One Quicksilver MasterCard $6000, Citi Prestige World Elite MasterCard $10,000, Citi Forward Visa $6900, Citi Premier World Elite MasterCard $5,800, Discover IT $8500
Message 5 of 24
gdale6
Moderator Emeritus

Re: Discover Zero Balance Not Reporting

If you have received a CLI since last stmt it will take 2 cycles before it will update to the CRA and this includes the balance.

Message 6 of 24
Mailak
Frequent Contributor

Re: Discover Zero Balance Not Reporting

No problem at all there. Discover absolutely does report zero balances for me (I check Experian mostly). The only thing is that Discover does not generate statements if you haven't conducted a transaction. It has been my experience that even then Discover has indeed reported the latest balance of zero. I can't answer for what others have seen on their report!

PenFed Platinum Cash Rewards (19.5k), Amex BCE (9k), Chase Sapphire Reserve (30k), Chase Freedom Unlimited (14.5k), Chase Marriott Premier (19k), Discover More (10k)
Message 7 of 24
-Wade-
Valued Contributor

Re: Discover Zero Balance Not Reporting


@Jayb5635 wrote:

Not new, I've had it since March 2013.


Did you use your card any during the last statement >>> if not then it wont report

"Garden Club Member " Old user name newportguy*** Current Score: myFico EQ - 830 (07/16/2015) Discover TU Fico - 833 (09/03/2016) EX Fico - 839 ( 09/01/2016 ) ******* Amex - BCP 11.5K * Discover - IT 43.5 K * U.S. Bank Cash + Visa Signature 15.3 K * PenFed - Cash Rewards 15K *PenFed Power Cash 19K ** Amex - GDSM 10K ******FICO 800 Club Member ******* EQ 830 *** TU 833 *** EX 839 ***
****** Last HP & New TL was March 6th 2014 *** GOAL: No HP's or New TL's for 2 + years and 840's Scores ******
Message 8 of 24
Jayb5635
Established Contributor

Re: Discover Zero Balance Not Reporting

I did get a credit line increase I believe last month.  It was small, 250.  Also, I did use the card in the last month.









In my wallet: Amex Platinum NPSL, Amex Everyday Preferred $15,000, Amex Starwood $10,000, Chase Freedom Visa Signature $10,000, Chase Sapphire Preferred Visa Signature $15,000, Chase Ink Plus Visa Signature $5000 Barclaycard Arrival Plus MasterCard World Elite $10,000, Cap One Quicksilver MasterCard $6000, Citi Prestige World Elite MasterCard $10,000, Citi Forward Visa $6900, Citi Premier World Elite MasterCard $5,800, Discover IT $8500
Message 9 of 24
-Wade-
Valued Contributor

Re: Discover Zero Balance Not Reporting


@Mailak wrote:

No problem at all there. Discover absolutely does report zero balances for me (I check Experian mostly). The only thing is that Discover does not generate statements if you haven't conducted a transaction. It has been my experience that even then Discover has indeed reported the latest balance of zero. I can't answer for what others have seen on their report!


+1 ...... That is correct

"Garden Club Member " Old user name newportguy*** Current Score: myFico EQ - 830 (07/16/2015) Discover TU Fico - 833 (09/03/2016) EX Fico - 839 ( 09/01/2016 ) ******* Amex - BCP 11.5K * Discover - IT 43.5 K * U.S. Bank Cash + Visa Signature 15.3 K * PenFed - Cash Rewards 15K *PenFed Power Cash 19K ** Amex - GDSM 10K ******FICO 800 Club Member ******* EQ 830 *** TU 833 *** EX 839 ***
****** Last HP & New TL was March 6th 2014 *** GOAL: No HP's or New TL's for 2 + years and 840's Scores ******
Message 10 of 24
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