@jsucool76 wrote:
@kostyan1992 wrote:
@jsucool76 wrote:
@Anonymous wrote:
@L-TWT wrote:And their new DC card is surely not a TRUE 2% cash back card
My 1st monthly statement cut today, and I only received 1% cash back on all my purchases and ~ 50% cash back on my payments.
Being that I had a few pending charges not cleared before my closing date, I was not able to pay my entire balance by the closing date.
So it appears, in order to receive a TRUE 2%, one must pay their entire balance by closing date, but the catch is, Citi does not allow one to!!!!!
Not really understanding how Citi doesnt allow one to pay their balance by the closing date. If one is aware of their closing date then one should probably be prepared to not have pending charges around that time....the terms seem pretty straight forward and clear to me.
I believe that is only on the first statement.
What he is saying is, because those charges were pending, he wasn't able to pay them and recieve the other 1% in time before the statement cut.
I don't know any lender that allows you to pay pending charges. lol
People always need something to complain about though.
Sure, all of them allow you to pay pending charges via pushing from your bank. I did it last month to try to maximize my score this month. Pay all of the pending charges right before the statement cuts to ensure it cuts with a zero balance. My reading of the DC is Citi would accept the payment, but you wouldn't get the extra 1% CB. Ever. However, I would like to hear others if that is the case. Just for curiosity. I have no plans for app'g for the DC.
@jsucool76 wrote:
@Anonymous wrote:Sure, all of them allow you to pay pending charges via pushing from your bank. I did it last month to try to maximize my score this month. Pay all of the pending charges right before the statement cuts to ensure it cuts with a zero balance. My reading of the DC is Citi would accept the payment, but you wouldn't get the extra 1% CB. Ever. However, I would like to hear others if that is the case. Just for curiosity. I have no plans for app'g for the DC.
What does this mean? Forgive my ignorance but I have no idea how this works. My statements cut on the 7th, from the 5th - 7th I dont use the cards to avoid pending charges. But this is interesting
This means you use your banks bill pay feature. It begins an ACH from your bank account to your lender. It is very similar to paying by check, but it all happens online.
I see. Thanks 
I'm confused as to what the problem is, really. You'll still get the bonus and full 2%, it'll just be applied the next month or whenever you make the next payment. It seems to me that's how it was designed to work, anyway - you get 1% on the charges when the statement cuts, and then 1% when you pay off the statement. Not everyone pays down the balance before the statement cuts (until I came to this forum, I thought you were supposed to wait until the statement cut and then just pay by the due date). The way I see it, this isn't any different from when any pending charge carries over past the statement date and any bonus it might have earned is applied to the next statement.
