FYI on Citi Payments Policy

lhcole77 · ‎10-10-2014

Tried to overpay balance last night so that statement would cut with $0. Had a $105 pending payment and a $8.50 pending charge.

Got this message. Not sure if this is new or not. Hadn't tried to overpay like this before. Just an FYI.

FinStar · ‎10-10-2014

Is this your first statement cycle?

rlx01 · ‎10-10-2014

This has been the case for a while.

SunriseEarth · ‎10-10-2014

@lhcole77 wrote:
Tried to overpay balance last night so that statement would cut with $0. Had a $105 pending payment and a $8.50 pending charge.

Got this message. Not sure if this is new or not. Hadn't tried to overpay like this before. Just an FYI.

That sounds typical. As for me, I'm only allowed to pay the amount of the statement balance at Citi. Arg.

FinStar · ‎10-10-2014

In the event I run into a similar situation for a zero payout (without the balance float), I PIF through Citi and push a payment through my bank for the remaining pending charges.

DrZoidberg · ‎10-10-2014

Why would you want to report zero? For optimal scoring you need to report at least 1-2%of your limit minimum.

Imperfectfuture · ‎10-10-2014

@DrZoidberg wrote:
Why would you want to report zero? For optimal scoring you need to report at least 1-2%of your limit minimum.

If reporting on several cards, I (and he) PROBABLY want one card reporting. Unfortunately, I lose out on rewards near cut off date, because I stop purchasing. Hence, the value of more than one reward card (my goal, I'm spoiled with cash back because of grandfathered 1.5% on PayPal debit card for years).

Signature needs updating

lhcole77 · ‎10-10-2014

This is my first statement cycle. Already have some cards reporting a balance. Didn't want this one to report yet.

Testing effects on scores in general, though I'm not concerned about optimal at the moment due to being in the garden until late 2015.

lhcole77 · ‎10-10-2014

@FinStar wrote:
In the event I run into a similar situation for a zero payout (without the balance float), I PIF through Citi and push a payment through my bank for the remaining pending charges.

You. Is. Smart!

Thanks for that input.

rlx01 · ‎10-10-2014

No need to push payment.

You can pay Citi cards with a debit card over the phone.

Best Citi feature.