cancel
Showing results for 
Search instead for 
Did you mean: 

Statement closing date

Contributor

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!

EX: 750 (05/2015) | EQ: 765 (5/2015) | TU: 765 (5/2015)

Barclays World MasterCard CL: $19K
Capital One MasterCard CL: $3.9K (sock drawer)
CHASE Sapphire Preferred Visa Sig CL: $20K
JPM Ritz Carlton Visa Sig CL: $20K
Inquiries: 1 (EX) 0 (TU) 0 (EQ)
Message 1 of 5
4 REPLIES
Frequent Contributor

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.

 

 

Message 2 of 5
Contributor

Re: Statement closing date

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

EX: 750 (05/2015) | EQ: 765 (5/2015) | TU: 765 (5/2015)

Barclays World MasterCard CL: $19K
Capital One MasterCard CL: $3.9K (sock drawer)
CHASE Sapphire Preferred Visa Sig CL: $20K
JPM Ritz Carlton Visa Sig CL: $20K
Inquiries: 1 (EX) 0 (TU) 0 (EQ)
Message 3 of 5
Mega Contributor

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.



EQ FICO 548 3/3/16
Message 4 of 5
Valued Contributor

Re: Statement closing date

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

Starting Score: 560
Current Score: 748 Wishlist: CSP, Simply Cash, SPG, BOLD, INK, United MP,
Goal Score: 800


Walmart: 10k |Usaa: 8k|BCE: 13k| Amex: NSPL|Dis: 9.4k|Cap: 5.5k|CAP: 2k|CSP: 13.4k| Pen:4.5k

Message 5 of 5