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On my newest Cap1 card, the first due date was October. Got the card in August. First statement cut in September without warning and post a 97% utilization that I intended to have only report $0. Oops.
I opened two Chase accounts this year; both were reported to all 3 credit bureaus when my first statements generated. Did your Capital One card generate a statement with a due date in November, or is that just what is showing as your next due date in your online account? The only cards that I have personally experienced a long delay in reporting is Amex; those are usually reported with the 2nd or 3rd statement. On the other hand, Discover reported the account (with a then very high mid-cycle balance) almost immediately after it was opened and well before the first statement was generated.
As others have posted, It can vary from a couple
weeks to about 3 months.
Barclays reported before my card arrived. The report shows the temporary limit that I could use until I had the actual card in hand.
@HeavenOhio wrote:Barclays reported before my card arrived. The report shows the temporary limit that I could use until I had the actual card in hand.
And everyone says bad thing about "Barclays".
That is faster than any other institutions that I have received cards from.
Interesting data point.
@Kforce wrote:
@HeavenOhio wrote:Barclays reported before my card arrived. The report shows the temporary limit that I could use until I had the actual card in hand.
And everyone says bad thing about "Barclays".
That is faster than any other institutions that I have received cards from.
Interesting data point.
I guess it depends on your perspective, but unless it's a trade line that is going to seriously lower your overall utilization (or you previously had no revolving accounts, or the score boost from having less than 50% of cards reporting a balance is higher than the new account ding on a particular profile, etc...) I'd think that in most cases the longer it takes for a card to report, the better. At least that's true in my case. My NFCU CLOC still isn't reporting after 6 months and I'm in no rush for it to, as the extra $15k tradeline isn't enough for my profile to outweigh another newer account. I'll contact them about it either when I get to the point where it would push my overall util below 9%, or when it hits the 2 year mark - whichever comes first.