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Aligning Statement End Dates

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staticvoidmain
Established Contributor

Re: Aligning Statement End Dates

You might find it challenging in the future when you get more cards. It's a bit hard to align them. I tried and I failed. I have OCPD. I gave up, and just tried to align them as much as I can.

 

Problem children for me:

 

Citi - Has a weird calculation of the closing date. Last year, it was due-date, minus 26 days. IF Sunday/Saturday, move to Monday. However, this year, I changed my due date, and I cannot seem to get the pattern/formula anymore.

 

AMEX - Due date minus 25 days. IF Saturday, move to Friday (minus 26 days instead).

 

Synchrony - Due date minus 23 days. IF Saturday, move to Friday (minus 24 days instead).

 

Also, Synchrony, specifically Paypal: You only have a limited number of possible due dates (based on location, I believe).

 

Barclays, Capital One, and Chase are easy: Due date minus 1 month plus 3 days.

Message 11 of 13
Tomatoshadow2
New Contributor

Re: Aligning Statement End Dates

I have all my due dates on the same day for simplicty.

Message 12 of 13
Namaste7
Established Contributor

Re: Aligning Statement End Dates

As @staticvoidmain noted, some lenders use a different methodology to determine the statement end date. The majority of my accounts are payable between the 15th and 18th of the month and the statements close between the 20th and 26th of the month. I think one CU and one bank forced me with a DD at the beginning of the month due to zip code.

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Message 13 of 13
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