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Whee! Got my Amex to report with a Zero Balance for First time

Moderator Emeritus

Whee! Got my Amex to report with a Zero Balance for First time

Super excited, this is the first time since I've gotten the card that I've been able to PIF, and actually pay extra before the statement cut.

 

Last time I came close, I had a $4 charge which had been "pending"  so my balance reported as $4

 

The way I did it was by paying in full all charges on 8/3/12, statement cuts on 8/8/12

 

I told my husband to use cash only for 4 days, I started using my Amazon Visa, which I carry as back up.

 

I Paid again in full on 8/6/12, which was only like $82 dollars.  I also pushed a payment from NFCU for $250.  After these payments hit, I had a Credit Balance of $86. 

 

When the statement closed, I had a credit balance of $23 dollars.

 

I'm so happy Smiley Very Happy


Starting Score: 08/29/2011 TU 671 EQ 674
Current Score: TU 754 EQ 694 EX 697
Wallet: NFCU Visa Sig 25k, Amex Lowes 22k, NavCheck 15k, Amex PRG, Amex Zync, Discover It 13.5k, Amazon Visa 5k
Platinum Spade Garden Club Member: App Free since 1/1/13. No more apps til who knows when?
MyFICO Fitness Goal: 800s Club!



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6 REPLIES
Established Contributor

Re: Whee! Got my Amex to report with a Zero Balance for First time

AWESOMESmiley Wink   i acutally had the same little situation with my AMEX, it had reported a $104 balance even though i had just paid $1,544 for the entire balance...or so i thought lol. i just didnt account for the PENDING $104 charges to get reported. so this month i had to do like you and use a diffrent card until the statement cut to make SURE the darn card reported a zero balance.



Starting Score: EQ 609, EX 633(Fako), TU 700
Current Score: EQ 699, EX 758, TU 733
Goal Score: 720 across the board
Garden Club Member-GC Challenge: App free since 10/31/12 Smiley Wink
Message 2 of 7
Regular Contributor

Re: Whee! Got my Amex to report with a Zero Balance for First time

I didn't believe charge cards like the Zync counted in your utility / accounts with a balance.  Am I missing something or are you referring to a different AMEX card that isn't included in your sig?

Message 3 of 7
Established Contributor

Re: Whee! Got my Amex to report with a Zero Balance for First time


mmmmmm wrote:

I didn't believe charge cards like the Zync counted in your utility / accounts with a balance.  Am I missing something or are you referring to a different AMEX card that isn't included in your sig?


you are correct, they don't count in utilization, however, they do show up as an account with a balance. my goal was to just get the card to report a 0 balance



Starting Score: EQ 609, EX 633(Fako), TU 700
Current Score: EQ 699, EX 758, TU 733
Goal Score: 720 across the board
Garden Club Member-GC Challenge: App free since 10/31/12 Smiley Wink
Message 4 of 7
Moderator Emeritus

Re: Whee! Got my Amex to report with a Zero Balance for First time

Yep, it was a personal goal of mine just to get it to report zero!

Starting Score: 08/29/2011 TU 671 EQ 674
Current Score: TU 754 EQ 694 EX 697
Wallet: NFCU Visa Sig 25k, Amex Lowes 22k, NavCheck 15k, Amex PRG, Amex Zync, Discover It 13.5k, Amazon Visa 5k
Platinum Spade Garden Club Member: App Free since 1/1/13. No more apps til who knows when?
MyFICO Fitness Goal: 800s Club!



Take the myFICO Fitness Challenge
Message 5 of 7
Valued Contributor

Re: Whee! Got my Amex to report with a Zero Balance for First time


webhopper wrote:

Super excited, this is the first time since I've gotten the card that I've been able to PIF, and actually pay extra before the statement cut.

 

Last time I came close, I had a $4 charge which had been "pending"  so my balance reported as $4

 

The way I did it was by paying in full all charges on 8/3/12, statement cuts on 8/8/12

 

I told my husband to use cash only for 4 days, I started using my Amazon Visa, which I carry as back up.

 

I Paid again in full on 8/6/12, which was only like $82 dollars.  I also pushed a payment from NFCU for $250.  After these payments hit, I had a Credit Balance of $86. 

 

When the statement closed, I had a credit balance of $23 dollars.

 

I'm so happy Smiley Very Happy


strange this month i am doing the oposite, here sitting waiting for my statement to cut so it will post a high balance,  got my Credit Reports last week and saw that my AMEX Zync is reporting a high balance of $24 which looks like i rarely use it because I always pay before the statement cuts except for the first one where I had a $24 balance. So this month I am waiting for it to report $402 then will pay it off the same day. 

 

 

 

 

Cards: Chase Southwest 20k & CSR 10k & CSP 10k & Freedom 6.6k & Amtrak/Freedom 4.6k, FNBO DISC 25.1k Oregon Duck 5k, & AMEX BCP 15k & Hilton Surpass 7.5k & Delta Gold 6k & Zync NPSL, Fidelity AMEX 17k Commerce5.9k & Cash Forward 7.5k & Sams Club MC 10k, Paypal Extras MC 7.5k, CapOne Venture 15k, QS 2.5k, QS 750, Amazon 5.9k, Walmart 10k, Citi Simplicity 9k, Discover IT 16k and a nice stack of store cards.
Last APP/HP 5/15/2017 Marcus Loan. 30k
Message 6 of 7
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Moderator Emeritus

Re: Whee! Got my Amex to report with a Zero Balance for First time

Haha we did that with the june statement, it reported a high balance of 5782. That was a high spend month for us, due to weddng and honeymoon, so I went ahead and let it report.

Starting Score: 08/29/2011 TU 671 EQ 674
Current Score: TU 754 EQ 694 EX 697
Wallet: NFCU Visa Sig 25k, Amex Lowes 22k, NavCheck 15k, Amex PRG, Amex Zync, Discover It 13.5k, Amazon Visa 5k
Platinum Spade Garden Club Member: App Free since 1/1/13. No more apps til who knows when?
MyFICO Fitness Goal: 800s Club!



Take the myFICO Fitness Challenge
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