Credit Cards

[webhopper]

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

[gettnthere]

AWESOME   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.

[mmmmmm]

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?

[gettnthere]

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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?

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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

[webhopper]

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

[jamesdwi]

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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

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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. 

[webhopper]

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.