topic Re: Dang it!! Both New Cap 1 cards SM cut! in Credit Cards

Dang it!! Both New Cap 1 cards SM cut!

pizza1 — Fri, 06 Mar 2015 23:43:21 GMT

When I first got the Venture and QS last month, rep said my first statement probably wouldn't cut till around March 12-15. Well, I logged in today to check my accts, as my pif payment should have posted yesterday. Well, BOTH cards cut a darn statement yesterday on the 5th! (Sighs)...

my overall util is still 1%, but one card cut with $1k bal, the other with a $300. This is EXACTLY what I didn't want happening, and for Barclays to possibly see this. Ugh...

I know some of you will tell me quit worrying, but this is bad ( well, for me it is, cause I only let one card report less than $100).

The upside is I now know when my statements cut on those cards.

Re: Dang it!! Both New Cap 1 cards SM cut!

Anonymous — Fri, 06 Mar 2015 23:47:44 GMT

@pizza1 wrote:
When I first got the Venture and QS last month, rep said my first statement probably wouldn't cut till around March 12-15. Well, I logged in today to check my accts, as my pif payment should have posted yesterday. Well, BOTH cards cut a darn statement yesterday on the 5th! (Sighs)...

my overall util is still 1%, but one card cut with $1k bal, the other with a $300. This is EXACTLY what I didn't want happening, and for Barclays to possibly see this. Ugh...

I know some of you will tell me quit worrying, but this is bad ( well, for me it is, cause I only let one card report less than $100).

The upside is I now know when my statements cut on those cards.

Stop worrying.

Re: Dang it!! Both New Cap 1 cards SM cut!

Odiseous — Fri, 06 Mar 2015 23:49:52 GMT

@pizza1 wrote:
When I first got the Venture and QS last month, rep said my first statement probably wouldn't cut till around March 12-15. Well, I logged in today to check my accts, as my pif payment should have posted yesterday. Well, BOTH cards cut a darn statement yesterday on the 5th! (Sighs)...

my overall util is still 1%, but one card cut with $1k bal, the other with a $300. This is EXACTLY what I didn't want happening, and for Barclays to possibly see this. Ugh...

I know some of you will tell me quit worrying, but this is bad ( well, for me it is, cause I only let one card report less than $100).

The upside is I now know when my statements cut on those cards.

The world as we know it, IS GOING TO END (until next month's statement cut).

Re: Dang it!! Both New Cap 1 cards SM cut!

Anonymous — Fri, 06 Mar 2015 23:50:41 GMT

@Odiseous wrote:
@pizza1 wrote:
When I first got the Venture and QS last month, rep said my first statement probably wouldn't cut till around March 12-15. Well, I logged in today to check my accts, as my pif payment should have posted yesterday. Well, BOTH cards cut a darn statement yesterday on the 5th! (Sighs)...

my overall util is still 1%, but one card cut with $1k bal, the other with a $300. This is EXACTLY what I didn't want happening, and for Barclays to possibly see this. Ugh...

I know some of you will tell me quit worrying, but this is bad ( well, for me it is, cause I only let one card report less than $100).

The upside is I now know when my statements cut on those cards.
The world as we know it, IS GOING TO END (until next month's statement cut).

Lol..

Re: Dang it!! Both New Cap 1 cards SM cut!

pizza1 — Sat, 07 Mar 2015 00:01:31 GMT

@Odiseous wrote:
@pizza1 wrote:
When I first got the Venture and QS last month, rep said my first statement probably wouldn't cut till around March 12-15. Well, I logged in today to check my accts, as my pif payment should have posted yesterday. Well, BOTH cards cut a darn statement yesterday on the 5th! (Sighs)...

my overall util is still 1%, but one card cut with $1k bal, the other with a $300. This is EXACTLY what I didn't want happening, and for Barclays to possibly see this. Ugh...

I know some of you will tell me quit worrying, but this is bad ( well, for me it is, cause I only let one card report less than $100).

The upside is I now know when my statements cut on those cards.
The world as we know it, IS GOING TO END (until next month's statement cut).

It IS!!! You don't understand how maticulous I am with my credit and reporting. LOL!!!

Re: Dang it!! Both New Cap 1 cards SM cut!

Imperfectfuture — Sat, 07 Mar 2015 00:11:38 GMT

@pizza1 wrote:
@Odiseous wrote:
@pizza1 wrote:
When I first got the Venture and QS last month, rep said my first statement probably wouldn't cut till around March 12-15. Well, I logged in today to check my accts, as my pif payment should have posted yesterday. Well, BOTH cards cut a darn statement yesterday on the 5th! (Sighs)...

my overall util is still 1%, but one card cut with $1k bal, the other with a $300. This is EXACTLY what I didn't want happening, and for Barclays to possibly see this. Ugh...

I know some of you will tell me quit worrying, but this is bad ( well, for me it is, cause I only let one card report less than $100).

The upside is I now know when my statements cut on those cards.
The world as we know it, IS GOING TO END (until next month's statement cut).

It IS!!! You don't understand how maticulous I am with my credit and reporting. LOL!!!

Meticulous, or matriculated?

Re: Dang it!! Both New Cap 1 cards SM cut!

Themanwhocan — Sat, 07 Mar 2015 00:59:39 GMT

@Anonymous wrote:
@pizza1 wrote:
When I first got the Venture and QS last month, rep said my first statement probably wouldn't cut till around March 12-15. Well, I logged in today to check my accts, as my pif payment should have posted yesterday. Well, BOTH cards cut a darn statement yesterday on the 5th! (Sighs)...

my overall util is still 1%, but one card cut with $1k bal, the other with a $300. This is EXACTLY what I didn't want happening, and for Barclays to possibly see this. Ugh...

I know some of you will tell me quit worrying, but this is bad ( well, for me it is, cause I only let one card report less than $100).

The upside is I now know when my statements cut on those cards.
Stop worrying.

Be Happy.

Re: Dang it!! Both New Cap 1 cards SM cut!

Anonymous — Sat, 07 Mar 2015 01:13:13 GMT

Pizza1, I also was trying to cut at 0 and asked them yesterday in chat and they said "it cuts tomorrow, the 5th." I said "but today is the 5th." So I managed to get the payment in on time out of luck. I never recieved my welcome letter from them so I didn't have several account details I needed. I have to say that at least Amex and Chase tell you when your statement is going to cut right off the bat (I actually asked Amex but then it showed up a few days later online anyway).

Re: Dang it!! Both New Cap 1 cards SM cut!

wacdenney — Sat, 07 Mar 2015 01:31:04 GMT

Re: Dang it!! Both New Cap 1 cards SM cut!

pizza1 — Sat, 07 Mar 2015 01:39:48 GMT

@wacdenney wrote:

Lol...awww. (P.s.....I'm a "she")....

Re: Dang it!! Both New Cap 1 cards SM cut!

wacdenney — Sat, 07 Mar 2015 03:07:20 GMT

@pizza1 wrote:
@wacdenney wrote:

Lol...awww. (P.s.....I'm a "she")....

That's ok, I wont hold being a she against you...

Re: Dang it!! Both New Cap 1 cards SM cut!

Anonymous — Sat, 07 Mar 2015 03:10:48 GMT

What are the limits on the 2 Cap One cards?

Re: Dang it!! Both New Cap 1 cards SM cut!

pizza1 — Sat, 07 Mar 2015 03:16:26 GMT

$10k each

Re: Dang it!! Both New Cap 1 cards SM cut!

Anonymous — Sat, 07 Mar 2015 03:20:57 GMT

Re: Dang it!! Both New Cap 1 cards SM cut!

pizza1 — Sat, 07 Mar 2015 03:22:05 GMT

@Anonymous wrote:

lol

Re: Dang it!! Both New Cap 1 cards SM cut!

NRB525 — Sat, 07 Mar 2015 03:24:44 GMT

In my opinion, one can get too caught up in managing "reported" balances to abnormally low amounts. Then, when something does report, or has to report, it becomes a surprise to all the CCC and we like to avoid surprises.

By consistently or regularly showing balances and still PIF, my opinion is that is a good way to soften up the CCC to make them aware that open balances are not going to be an issue. It takes time, as in months of letting items report, but it's much easier than trying to pay before statement cuts, and is also acting like a normal person would.

Re: Dang it!! Both New Cap 1 cards SM cut!

Anonymous — Sat, 07 Mar 2015 03:24:26 GMT

@pizza1 wrote:
@Anonymous wrote:
lol

Re: Dang it!! Both New Cap 1 cards SM cut!

Anonymous — Sat, 07 Mar 2015 03:25:49 GMT

@NRB525 wrote:
In my opinion, one can get too caught up in managing "reported" balances to abnormally low amounts. Then, when something does report, or has to report, it becomes a surprise to all the CCC and we like to avoid surprises.

By consistently or regularly showing balances and still PIF, my opinion is that is a good way to soften up the CCC to make them aware that open balances are not going to be an issue. It takes time, but it's much easier than trying to pay before statement cuts, and is also acting like a normal person would.

This.

And this is why I let my balances report and then PIF unless i'm not paying interest on that balance or a very LOW rate.

My TU only went down 9 points when my CashRewards reported with a 40% utilization on it first statement.

Re: Dang it!! Both New Cap 1 cards SM cut!

pizza1 — Sat, 07 Mar 2015 03:27:00 GMT

Oh lord.... Lol

Re: Dang it!! Both New Cap 1 cards SM cut!

NRB525 — Sat, 07 Mar 2015 03:28:49 GMT

@Anonymous wrote:
@NRB525 wrote:
In my opinion, one can get too caught up in managing "reported" balances to abnormally low amounts. Then, when something does report, or has to report, it becomes a surprise to all the CCC and we like to avoid surprises.

By consistently or regularly showing balances and still PIF, my opinion is that is a good way to soften up the CCC to make them aware that open balances are not going to be an issue. It takes time, but it's much easier than trying to pay before statement cuts, and is also acting like a normal person would.
This.

And this is why I let my balances report and then PIF unless i'm not paying interest on that balance or a very LOW rate.

My TU only went down 9 points when my CashRewards reported with a 40% utilization on it first statement.

My EX is up to 732, after all the apping and changes the last few months, higher than October 31, and I've still got 5 cards with $24k of total balances at 30% to 50% utilization on just those cards.

EQ is still at 698, but that one will pop soon, I just know it!