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Frequent Contributor
wndrwmn78
Posts: 256
Registered: ‎04-16-2009
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When does Household Bank "Platinum" Visa report?

Hello! I have a $400 CL Household Bank "Platinum" Visa (by far the crappiest card I have), and am wondering if anyone knows when this particular card reports to the bureaus? I know it's HSBC, but it does not seem to report at the end of the month like other HSBC cards. Is it safe to assume then that they report near the statement date?

 

Also, my due date was the 19th; the statement date will be the 24th. I put a charge on it yesterday on the 20th - if I PIF before the statement cuts, will it show interest on that charge? (In other words, not a $0 balance.) Thanks! :smileyhappy:


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Current Score: 670 EQ and 674 TU
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Senior Contributor
BungalowMo
Posts: 4,234
Registered: ‎05-01-2008
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Re: When does Household Bank "Platinum" Visa report?


wndrwmn78 wrote:

Hello! I have a $400 CL Household Bank "Platinum" Visa (by far the crappiest card I have), and am wondering if anyone knows when this particular card reports to the bureaus? I know it's HSBC, but it does not seem to report at the end of the month like other HSBC cards. Is it safe to assume then that they report near the statement date?

 

Also, my due date was the 19th; the statement date will be the 24th. I put a charge on it yesterday on the 20th - if I PIF before the statement cuts, will it show interest on that charge? (In other words, not a $0 balance.) Thanks! :smileyhappy:


All my cards report on the statement cut date. That 19th due date was from your june 24 bill...your charge on the 20th will be posted on the bill that cuts on July 24.  Pay it now (online on their website or thru your checking acct.  Whichever is faster/cheaper) & it will reflect before cut date on 7/24.  Making July bill bal $0.



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Established Contributor
JoeBJay20
Posts: 795
Registered: ‎04-13-2009
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Re: When does Household Bank "Platinum" Visa report?

Household/HSBC/Orchard cards generally report on the last business day of the month.  If that's not the case with your card (and it's odd that it wouldn't be), then it would report on the statement date. 
Frequent Contributor
wndrwmn78
Posts: 256
Registered: ‎04-16-2009
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Re: When does Household Bank "Platinum" Visa report?

Thanks guys! I appreciate your help. I still get myself confused sometimes by overthinking things. :smileytongue:


Starting Score: 670 EQ and 674 TU
Current Score: 670 EQ and 674 TU
Goal Score: 750 both EQ and TU


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Senior Contributor
creditwherecreditisdue
Posts: 4,923
Registered: ‎04-19-2009
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Re: When does Household Bank "Platinum" Visa report?


JoeBJay20 wrote:
Household/HSBC/Orchard cards generally report on the last business day of the month.  If that's not the case with your card (and it's odd that it wouldn't be), then it would report on the statement date. 

 

Some HSBC cards report at the end of the month. Others report on the statement date. It is either one or the other and does not change back and forth.

 

My Direct Merchants Bank MasterCard (HSBC) reports on the statement date. It has always reported that way.

Frequent Contributor
wndrwmn78
Posts: 256
Registered: ‎04-16-2009
0

Re: When does Household Bank "Platinum" Visa report?


creditwherecreditisdue wrote:

 

Some HSBC cards report at the end of the month. Others report on the statement date. It is either one or the other and does not change back and forth.

 

My Direct Merchants Bank MasterCard (HSBC) reports on the statement date. It has always reported that way.


Yes, my HSBC Best Buy store card also reports on the statement date. However, my BB Reward Zone MC reports at the end of the month. I will never understand HSBC. :smileyindifferent:


Starting Score: 670 EQ and 674 TU
Current Score: 670 EQ and 674 TU
Goal Score: 750 both EQ and TU


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