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Contributor
Posts: 85
Registered: ‎06-17-2012
0

Statement closing date

My card statement says:

 

Your next statement will close on 09/23/2012.

Is that the day balances (if any) are reported?

 

Thank you!

Frequent Contributor
Posts: 455
Registered: ‎06-08-2008
0

Re: Statement closing date

That depends on the credit card issuer, but generally I would say yes.

 

For example my US Bank statement cuts on the 15th and if I owe a balance it shows on the statement they mail me.

 

 But if I pay off the balance before the end of the month even though I had a balance on my statement, they report a zero balance to the CB.

 

 

Contributor
Posts: 85
Registered: ‎06-17-2012
0

Re: Statement closing date

Thank you I should have been more specific. The issuer is Barclays if that helps.

Mega Contributor
Posts: 15,442
Registered: ‎04-09-2011
0

Re: Statement closing date

Yup that date they list is the statement closing date. You have until 7pm EST to pay any balance off if you don't want it to report.



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Valued Contributor
Posts: 1,738
Registered: ‎08-13-2012
0

Re: Statement closing date

Just don't spend too much on the first month waitfor your first bill come..... just to be sure

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