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Super Contributor
DI
Posts: 5,744
Registered: ‎01-28-2008
0

Re: Statement Closing Date


smallfry wrote:
Make sure you can view your statement online before assuming the statement has actually cut. I agree with the previous two posts. Some issuers may foil your plans by reporting mid cycle before your statement date. Beware it can happen.

If they do that, does that mean they shortened the grace period?  

Senior Contributor
smallfry
Posts: 4,831
Registered: ‎04-20-2007
0

Re: Statement Closing Date


DI wrote:

smallfry wrote:
Make sure you can view your statement online before assuming the statement has actually cut. I agree with the previous two posts. Some issuers may foil your plans by reporting mid cycle before your statement date. Beware it can happen.

If they do that, does that mean they shortened the grace period?  


No it just means they decided to report your balance to the CRA's mid cycle. Your statement will cut as it normally would.


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