Has anyone received the $5 statement credit after spending $500 on the new rewards program? Was it immediate on the next statement?
I ask because my statement is coming up and have spent over $500 and would be eligible to receive the $5 credit. I'm applying for credit next month and want this account to report at a $0 balance. I'm afraid that if I pay all but $5 of my balance, Wal Mart might be slow in applying the statement credit until after next month and I would have $5 reporting. However, if I PIF and the credit is applied, I would have a credit of $5 reported to the CRAs, which I'm not sure if this is possible or if it's is a bad thing.
I will call customer service and ask, but I'm hoping someone has experience because CSRs sometimes give mistaken information or are just not 100% sure.