topic Re: Where can I view my chase statement cut date? in Credit Cards

Where can I view my chase statement cut date?

Anonymous — Wed, 13 Jan 2016 04:30:42 GMT

Hey all, I've had the amazon visa card for a few months now and I've just really gotten more serious about my credit and using it responsibly to up my scores. I'm curious as to where I can find my correct statement cut date? I don't see it on the iPhone app or their actual website anywhere unless I'm just missing it. The reason I don't already know is that I've always just paid everythign as soon as it showed up on my account but I'm now more interested in making one large payment at the end of the statement before the cut date or even just carrying a small balance (less than 10%) to show usage. Thanks!

Re: Where can I view my chase statement cut date?

core — Wed, 13 Jan 2016 04:34:42 GMT

When you log into the Chase site, under each card there is a "See more information" link. That will show you a bunch of stuff including your next statement closing date.

Re: Where can I view my chase statement cut date?

azguy13 — Wed, 13 Jan 2016 04:35:39 GMT

On your Chase online account click "See Statements" which is on the "Payment Due Date" line. From there, choose the year and you will see the dates of your statements

Re: Where can I view my chase statement cut date?

Anonymous — Wed, 13 Jan 2016 05:05:24 GMT

Oh I found it! Thank you both!

Re: Where can I view my chase statement cut date?

Anonymous — Wed, 13 Jan 2016 05:06:53 GMT

I just noticed it says my last closing date was 12/12 and my next closing date is 2/12. Is it normal to be 2 months apart? I thought it was each month?

Re: Where can I view my chase statement cut date?

core — Wed, 13 Jan 2016 05:08:28 GMT

It's probably in limbo since it just closed today. It will be properly updated when you get your statement tomorrow or whenever.

Re: Where can I view my chase statement cut date?

Anonymous — Wed, 13 Jan 2016 05:09:55 GMT

That makes sense. Thank you for answering so quickly

Re: Where can I view my chase statement cut date?

takeshi74 — Wed, 13 Jan 2016 14:35:47 GMT

@Anonymous wrote:
or even just carrying a small balance (less than 10%) to show usage.

You never need to carry a balance for scoring purposes or to show usage. Carry and report are two entirely different things. You can have a balance report without carrying. It's all a matter of when you pay versus report date. iIf you pay infull prior to report date then no balance will report. If you have a balance on report date then the balance will report. You can then pay the statement balance (or remainder) in full prior to due date and not carry a balance.

Allowing one balance to report isn't for showing usage. It's for optimizing revolving utilization and number of reporting balances. Chase will see your usage regardless of how much you allow to report. Other creditors, however, will only see usage as indicated on your credit reports. Usage isn't all that meaningful to other creditors. It's revolving utilization and number of balances that are used for scoring and assessing your credit profile. Creditors will look at your entire credit profile (not just usage) and income when making credit decisions.