topic Re: Changing Due/Statement dates in Credit Cards

Changing Due/Statement dates

xerostatus — Tue, 10 Jun 2014 20:30:50 GMT

Another thread reminded me of a lingering question I had:

When you change your due dates on your accounts, how does it work for the current and/or next billing cycle?

What i mean is, do they "pull" your new date up, or do they "push" the new date forward?

Put another way, does your current billing cycle "lose" some amount of days, or do you "gain" some days on the next billing cycle?

Basically, how would this play into someone who is PIF before statement cut to report $0?

Despite there being no real good reason (I'm not app'ing for anything anytime soon) I've been micromanaging all my accounts to make sure only 1 account reports, and prefer not to screw that up if/when i decide to change around some due dates.

Re: Changing Due/Statement dates

mongstradamus — Tue, 10 Jun 2014 20:34:24 GMT

For me they sent email that stated changing due dates,it took an while for it to show up on website, but eventually in the next statement cycle it showed up. Reason I wanted to change my due date was so discover would give me my fico score in middle of month

Re: Changing Due/Statement dates

-NewGuy- — Tue, 10 Jun 2014 20:51:02 GMT

@mongstradamus wrote:
For me they sent email that stated changing due dates,it took an while for it to show up on website, but eventually in the next statement cycle it showed up. Reason I wanted to change my due date was so discover would give me my fico score in middle of month

When I have changed my due date, they have always pushed the date out rather than made it closer. If you call and ask I'm sure they would be happy to tell you.

Re: Changing Due/Statement dates

RushXTC — Tue, 10 Jun 2014 21:47:54 GMT

Do all card companies do that?

I would LOVE to have 50% of my cards due on a certain day and 50% due on another day. I hate how random it is....

Re: Changing Due/Statement dates

Man-Of-Steel — Wed, 11 Jun 2014 04:24:12 GMT

I love the fact that Discover and Capital One offered this option. When I changed my due date with each company, they pushed the new date forward. My due date each month is the 3rd, 4th, and 5th for each of my credit cards.

Re: Changing Due/Statement dates

Duke-of-Earl — Sun, 17 Aug 2014 05:59:33 GMT

My experience changing two card accounts was one went forward, one backward. I think it may depend on which way has a smaller shift.

I made the changes so I could get one of my four cards to close -- and report to the CRAs -- each week. Worked out pretty well for a while, but it looks like BofA has just torpedoed it by changing to reporting at the end of the month.

Re: Changing Due/Statement dates

Anonymous — Wed, 20 Aug 2014 06:12:22 GMT

BOA reports at the end of the month now? Since when?