topic Re: Predicting FNBO closing dates in Credit Cards

Predicting FNBO closing dates

Anonymalous — Wed, 23 Nov 2022 13:47:33 GMT

Has anyone figured out how to predict the closing date on their FNBO cards?

My NFCU card is easy, because the closing date is the same day every month. And the closing date of my Capital One card is always a fixed number of days away from my due date, so the day varies by the number of days in the month.

But so far, I can't figure out when my Evergreen will close. Every month it appears to close randomly, within a range of 4 days.

Re: Predicting FNBO closing dates

uncredited — Wed, 23 Nov 2022 14:27:29 GMT

Insert joke about them randomly doing things here.

Seriously though it sounds like they must do the same thing Citi does, which is almost impossible to predict with a calendar. If so, I think I've figured out how it works, and there's not a way to really predict it automatically, it has to be manually done each time (or just use it assuming the first day of the range could always be it.) Assuming it's the same, what Citi seems to do is, it's a set 30 days from statement to statement, however, if 30 days lands on a Saturday, Sunday, or bank Holiday, they adjust the days where a Sunday becomes Monday, a Saturday becomes Friday, a Holiday depends on if the holiday would then move it to a weekend. So if 30 days lands mid-week with no holiday, it's 30 days, otherwise it starts meandering, always within that 4 day window. I don't know how they handle Feb though, since i started in March-April.

It's possible they're doing something else, but the pattern sounds like they probably use the same method.

Re: Predicting FNBO closing dates

Anonymous — Wed, 23 Nov 2022 14:39:23 GMT

Share your quandary!

This month they said the date all month and then closed it one day later. The date seems to vary up to three or four days and I sure am not able to map a path? ...

Re: Predicting FNBO closing dates

SouthJamaica — Wed, 23 Nov 2022 14:39:38 GMT

@Anonymalous wrote:
Has anyone figured out how to predict the closing date on their FNBO cards?

My NFCU card is easy, because the closing date is the same day every month. And the closing date of my Capital One card is always a fixed number of days away from my due date, so the day varies by the number of days in the month.

But so far, I can't figure out when my Evergreen will close. Every month it appears to close randomly, within a range of 4 days.

The same phenomenon occurs on my FNBO business credit card. The range has even reached 5 days. I haven't paid much attention to it, but your post inspired me to examine the closing dates, weekends, etc. In my opinion it's not predictable.

Re: Predicting FNBO closing dates

uncredited — Wed, 23 Nov 2022 15:42:54 GMT

@Anonymous wrote:
Share your quandary!

This month they said the date all month and then closed it one day later. The date seems to vary up to three or four days and I sure am not able to map a path? ...

Now that definitely does differ! I haven't seen that type of thing with Citi, it always closes the date it says it will close all month. Closing a different date than the one it says it will close sounds like trouble if not micromanaging.

Re: Predicting FNBO closing dates

FormerCollegeDJ — Wed, 23 Nov 2022 15:48:54 GMT

FWIW, literally yesterday morning (Tuesday 11/22) I called FNBO to adjust the due date/statement closing date on my Amtrak Guest Rewards MC account the bank recently acquired from Bank of America. (I like to have all of my cards have the same or very similar closing dates so I can track spending on a month to month basis more easily.) I asked not only about the due date but also the statement closing date, and the FNBO representative told me the dates. I then asked the rep to change the statement closing date to either the 27th or 28th of the month (which with two slightly different exclusions are the closing dates for all of my credit cards). The rep was able to change the statement closing date and by association the payment due date to one of the two dates I requested.

Re: Predicting FNBO closing dates

SouthJamaica — Wed, 23 Nov 2022 17:07:51 GMT

@uncredited wrote:
@Anonymous wrote:
Share your quandary!

This month they said the date all month and then closed it one day later. The date seems to vary up to three or four days and I sure am not able to map a path? ...
Now that definitely does differ! I haven't seen that type of thing with Citi, it always closes the date it says it will close all month. Closing a different date than the one it says it will close sounds like trouble if not micromanaging.

Citibank statements tell you what the closing date will be; FNBO's do not.

Re: Predicting FNBO closing dates

SouthJamaica — Wed, 23 Nov 2022 17:09:28 GMT

@FormerCollegeDJ wrote:
FWIW, literally yesterday morning (Tuesday 11/22) I called FNBO to adjust the due date/statement closing date on my Amtrak Guest Rewards MC account the bank recently acquired from Bank of America. (I like to have all of my cards have the same or very similar closing dates so I can track spending on a month to month basis more easily.) I asked not only about the due date but also the statement closing date, and the FNBO representative told me the dates. I then asked the rep to change the statement closing date to either the 27th or 28th of the month (which with two slightly different exclusions are the closing dates for all of my credit cards). The rep was able to change the statement closing date and by association the payment due date to one of the two dates I requested.

I seriously doubt that the closing date will now be the same each month. But we shall see.

Re: Predicting FNBO closing dates

MySunrise271 — Wed, 23 Nov 2022 17:20:25 GMT

I can see my FNBO closing statement date under 'Account Details' and it's the same every month with only a day or two variance if the month is shorter.

Re: Predicting FNBO closing dates

uncredited — Wed, 23 Nov 2022 17:45:59 GMT

@SouthJamaica wrote:
@uncredited wrote:
@Anonymous wrote:
Share your quandary!

This month they said the date all month and then closed it one day later. The date seems to vary up to three or four days and I sure am not able to map a path? ...
Now that definitely does differ! I haven't seen that type of thing with Citi, it always closes the date it says it will close all month. Closing a different date than the one it says it will close sounds like trouble if not micromanaging.
Citibank statements tell you what the closing date will be; FNBO's do not.

Perhaps I musunderstood @Anonymous , then, it sounded like the account said the closing date, but it actually closed a day later?

Re: Predicting FNBO closing dates

mau471 — Wed, 23 Nov 2022 18:16:59 GMT

@MySunrise271 wrote:
I can see my FNBO closing statement date under 'Account Details' and it's the same every month with only a day or two variance if the month is shorter.

Same for me, since my account was opened its always been the 14th or 15th, unless they fall on a weekend and then it goes to the next Monday.

Re: Predicting FNBO closing dates

Kforce — Wed, 23 Nov 2022 18:53:35 GMT

Have two years of numbers for 18 credit cards.

Banks, CU's, and a small number of duplicate cards.

Due date and when statements post

Average 1st posting is 3 days

Average long posting is 6 days

Average spread of number of days between posting is 3

Two have posted same day for more than a year.

With the next only one day off

Top 3:

First City CU

Bank Of West

Discover

Bottom Card

FNBO - 4 day window

Have due date late in month

* My daughter has a young FNBO and it has been within 3 days

Her due is 1st and it reports 3-5 every month !

14 out of 18 of my cards have a 3 day spread.

* Edit * (My cards, both daughters, and wife's, I am at 6)

We are talking 1 day longer.

Re: Predicting FNBO closing dates

Who_wuda_thought — Wed, 23 Nov 2022 19:56:33 GMT

@Anonymalous

@Anonymalous wrote:
Has anyone figured out how to predict the closing date on their FNBO cards?

My NFCU card is easy, because the closing date is the same day every month. And the closing date of my Capital One card is always a fixed number of days away from my due date, so the day varies by the number of days in the month.

But so far, I can't figure out when my Evergreen will close. Every month it appears to close randomly, within a range of 4 days.

As a few others have posted, the next statement closing date is available on the FNBO website in your account. When I am viewing my account page, about midway down is a link "+ SHOW DETAIL" (I think, or Show more detail). When you click on that, it expands a section containing more account information for current month. There it lists the next statement closing date. This information section updates to next month's info immediately after statement is cut.

No need to predict.

Re: Predicting FNBO closing dates

Anonymalous — Thu, 24 Nov 2022 03:05:39 GMT

@Who_wuda_thought wrote:
@Anonymalous
@Anonymalous wrote:
Has anyone figured out how to predict the closing date on their FNBO cards?

My NFCU card is easy, because the closing date is the same day every month. And the closing date of my Capital One card is always a fixed number of days away from my due date, so the day varies by the number of days in the month.

But so far, I can't figure out when my Evergreen will close. Every month it appears to close randomly, within a range of 4 days.
As a few others have posted, the next statement closing date is available on the FNBO website in your account. When I am viewing my account page, about midway down is a link "+ SHOW DETAIL" (I think, or Show more detail). When you click on that, it expands a section containing more account information for current month. There it lists the next statement closing date. This information section updates to next month's info immediately after statement is cut.

No need to predict.

Thanks for the explanation, I found it! For those who are interested, click on the card name, click on "+Show More Detail" (below rewards), and in the section that expands there's a "Next Statement Closing Date".

I'd still like to know the pattern, because that way I could create an automatic alert. But for months when it's important (like this month, where I got caught with a balance), this could be useful... if it's accurate. Which if I'm interpreting @Anonymous's post correctly, it may not be.

Re: Predicting FNBO closing dates

Anonymalous — Thu, 24 Nov 2022 03:06:10 GMT

@uncredited wrote:
Insert joke about them randomly doing things here.

Seriously though it sounds like they must do the same thing Citi does, which is almost impossible to predict with a calendar. If so, I think I've figured out how it works, and there's not a way to really predict it automatically, it has to be manually done each time (or just use it assuming the first day of the range could always be it.) Assuming it's the same, what Citi seems to do is, it's a set 30 days from statement to statement, however, if 30 days lands on a Saturday, Sunday, or bank Holiday, they adjust the days where a Sunday becomes Monday, a Saturday becomes Friday, a Holiday depends on if the holiday would then move it to a weekend. So if 30 days lands mid-week with no holiday, it's 30 days, otherwise it starts meandering, always within that 4 day window. I don't know how they handle Feb though, since i started in March-April.

It's possible they're doing something else, but the pattern sounds like they probably use the same method.

Interesting deduction, though it doesn't look like FNBO follows that pattern. I just checked, and there have been between 28 and 33 days between closing dates. And I've only had the card for 9 months, so someone like @SouthJamaica may see an even larger variance.

Re: Predicting FNBO closing dates

Anonymalous — Thu, 24 Nov 2022 03:04:52 GMT

@mau471 wrote:
@MySunrise271 wrote:
I can see my FNBO closing statement date under 'Account Details' and it's the same every month with only a day or two variance if the month is shorter.
Same for me, since my account was opened its always been the 14th or 15th, unless they fall on a weekend and then it goes to the next Monday.

That's a distinctly different pattern than I and a couple other posters are seeing. Which is really odd, because both your sigs show Evergreens, so we all have the same card.

I don't have a good explanation for that.

Re: Predicting FNBO closing dates

SouthJamaica — Thu, 24 Nov 2022 04:02:55 GMT

@MySunrise271 wrote:
I can see my FNBO closing statement date under 'Account Details' and it's the same every month with only a day or two variance if the month is shorter.

I don't know where you're looking.

I don't see anything called "Account Details". I see "Account Detail" under "Accounts". The due date is listed but not the closing date.

Re: Predicting FNBO closing dates

mgood — Thu, 24 Nov 2022 04:36:46 GMT

I asked this question when I was on the phone about a CLI. The rep gave me a somewhat detailed explanation, which I understood very little of. I came away believing she didn't really understand it either.

Re: Predicting FNBO closing dates

uncredited — Thu, 24 Nov 2022 05:03:40 GMT

@SouthJamaica wrote:
@MySunrise271 wrote:
I can see my FNBO closing statement date under 'Account Details' and it's the same every month with only a day or two variance if the month is shorter.
I don't know where you're looking.

I don't see anything called "Account Details". I see "Account Detail" under "Accounts". The due date is listed but not the closing date.

Maybe business cards have a different portal than personal?

Re: Predicting FNBO closing dates

Who_wuda_thought — Thu, 24 Nov 2022 07:39:00 GMT

@Anonymalous wrote:
@Who_wuda_thought wrote:
@Anonymalous
@Anonymalous wrote:
Has anyone figured out how to predict the closing date on their FNBO cards?

My NFCU card is easy, because the closing date is the same day every month. And the closing date of my Capital One card is always a fixed number of days away from my due date, so the day varies by the number of days in the month.

But so far, I can't figure out when my Evergreen will close. Every month it appears to close randomly, within a range of 4 days.
As a few others have posted, the next statement closing date is available on the FNBO website in your account. When I am viewing my account page, about midway down is a link "+ SHOW DETAIL" (I think, or Show more detail). When you click on that, it expands a section containing more account information for current month. There it lists the next statement closing date. This information section updates to next month's info immediately after statement is cut.

No need to predict.
Thanks for the explanation, I found it! For those who are interested, click on the card name, click on "+Show More Detail" (below rewards), and in the section that expands there's a "Next Statement Closing Date".

I'd still like to know the pattern, because that way I could create an automatic alert. But for months when it's important (like this month, where I got caught with a balance), this could be useful... if it's accurate. Which if I'm interpreting @Anonymous's post correctly, it may not be.

My own experience with the FNBO Evergreen is that the statement closing date shown on my account has always been accurate, every month so far, with no variance. What DOES vary is when the account shows up each month (after statement closing date) as reported on each of the 3 CB's. That is terribly inconsistent and drives me nuts, lol!