nfcu grace period question/graduation question - myFICO® Forums - 1148873

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So when do they review your account after 1 FULL year or after the 12th statement? Being there is only 25 days in a grace period with them the 12th statement would be in a little over 10 months.

NFCU plat 5k | NAVCHECK 5k | NFCU cashrewards 15k | BOFA 123 6k |
Chase Freedom 1.5k | Amazon 3K | Walmart 3K | Buckle 300 | AMEX BCE 2.5K | CHASE CSP 12K | CITI sears 6k | Kay 2k

On the prowl for Chase Sapphire Preferred! APPROVED 12K!
scores 7/14 647 622 630 (85%util)
scores 8/14 767 760 758 Boom! finally in the 700 club

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3 REPLIES 3

I could very well be wrong, but I don't think the grace period has anything to due with your statement length. You'll still get one statement every month. The grace period is just the length of time that you won't get charged interest. If the grace period affected your billing cycle, your statement date would be a different day every month.

Message 2 of 4

Then what's the point in the grace period with 25 days? There has to be a difference with them in 25 days vs for example my bofa card being 30 days

NFCU plat 5k | NAVCHECK 5k | NFCU cashrewards 15k | BOFA 123 6k |
Chase Freedom 1.5k | Amazon 3K | Walmart 3K | Buckle 300 | AMEX BCE 2.5K | CHASE CSP 12K | CITI sears 6k | Kay 2k

On the prowl for Chase Sapphire Preferred! APPROVED 12K!
scores 7/14 647 622 630 (85%util)
scores 8/14 767 760 758 Boom! finally in the 700 club

Message 3 of 4

You are right I called them they explained everything to me

NFCU plat 5k | NAVCHECK 5k | NFCU cashrewards 15k | BOFA 123 6k |
Chase Freedom 1.5k | Amazon 3K | Walmart 3K | Buckle 300 | AMEX BCE 2.5K | CHASE CSP 12K | CITI sears 6k | Kay 2k

On the prowl for Chase Sapphire Preferred! APPROVED 12K!
scores 7/14 647 622 630 (85%util)
scores 8/14 767 760 758 Boom! finally in the 700 club

Message 4 of 4