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I'm a WaMu customer of a month and I just received my first statement. As I looked at the finance charges, I noticed that I have two cycle billing. I thought I had read all of the fine print before I accepted the offer. Is this common on all WaMu accounts, or would it be depending on my credit? I've never had double cycle billing before, so I don't know if that would depend on the individual or not.
I am thinking about transferring the balance ($600) to another account with a lower interest rate if this is standard practice for WaMu.