I am trying to keep only a tiny balance on one card to keep my utilization below 5% but I want to be sure when my first statements cut for my new cards that $0 posts. I find this tough because I'm using my CSP for every purchase to hit the $3000 for my bonus so there is always something pending on my card. Chase will only let me make payments like 10% over what my current posted balance is.
So the question is...if a statement cuts and I've paid the current balance but transactions are pending, will they be on the statement? Should I just stop using the card around statement time to avoid this all together. I'm traveling a lot the next month which is one of the reasons I got the card so I don't want to NOT use it and get my 2x UR on dining and travel.
Thoughts?
@SunriseEarth wrote:YMMV. On my GE backed cards, any transactions made before the statement date will be on that statement. AMEX can take time to actually post, however.
Anyway, I wouldn't chance it, if you're looking to have a zero balance post. Or you could push payments from the bank.
Oh, good call on pushing payments fro the bank. Since they're Chase cards and I bank through Chase, that should be easy enough. Thanks!
@OHWWCB wrote:
@SunriseEarth wrote:YMMV. On my GE backed cards, any transactions made before the statement date will be on that statement. AMEX can take time to actually post, however.
Anyway, I wouldn't chance it, if you're looking to have a zero balance post. Or you could push payments from the bank.
Oh, good call on pushing payments fro the bank. Since they're Chase cards and I bank through Chase, that should be easy enough. Thanks!
Yea I would guess that is your best bet is to walk in the bank and make a payment then, Don't make any purchases till the statement cuts. With BofA I had issues were they hold my payment then apply after statement cut if I made multiple payments within the statement period if I pay through online bill pay but since there are many branches through out my city I now just walk in and make payments
