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Amazon Statement cut with $0 Balance

Established Member

Amazon Statement cut with $0 Balance

I was very surprised this morning to receive an amazon Statement because my balance is $0....

 

Could this be something new from GE? I have 4 GE accounts and its the fist time i receive a statement when my balance is at $0

Starting total revolving credit: $300 (5/2011) Current total revolving credit: $61,600
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Message 1 of 8
7 REPLIES
Community Leader
Senior Contributor

Re: Amazon Statement cut with $0 Balance

Some GECRB cards generate a statement if your balance conditions are zero, others do not.

Message 2 of 8
Mega Contributor

Re: Amazon Statement cut with $0 Balance

Also, was there some "important" message on the statement, sometimes they will send a statement because of these.   I just got a paper statement from US Bank, usually I get e-statements, but this had a message that they thought I needed in hard copy!

Message 3 of 8
Established Member

Re: Amazon Statement cut with $0 Balance


longtimelurker wrote:

Also, was there some "important" message on the statement, sometimes they will send a statement because of these.   I just got a paper statement from US Bank, usually I get e-statements, but this had a message that they thought I needed in hard copy!


just checked the statement, nothing that stands out. looks like every other one i received.

Starting total revolving credit: $300 (5/2011) Current total revolving credit: $61,600
4 Collections, 1 Repo, 1 Eviction INQUIRIES: Equifax 22, Transunion 5, Experian 15
Wal-Mart Fico 650 1/10/14
In the Garden - Score Goal 760 across
Message 4 of 8
Established Contributor

Re: Amazon Statement cut with $0 Balance

I get 0 balance statements from all my GE's every month. It's because I buy something mid month and pay it off as soon as it posts.....did you maybe do that?
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Message 5 of 8
Moderator

Re: Amazon Statement cut with $0 Balance


snowkitty wrote:
I get 0 balance statements from all my GE's every month. It's because I buy something mid month and pay it off as soon as it posts.....did you maybe do that?

+1 to that question.  They would have to generate a statement if there was activity, even with a zero balance



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Message 6 of 8
Community Leader
Senior Contributor

Re: Amazon Statement cut with $0 Balance


SunriseEarth wrote:

snowkitty wrote:
I get 0 balance statements from all my GE's every month. It's because I buy something mid month and pay it off as soon as it posts.....did you maybe do that?

+1 to that question.  They would have to generate a statement if there was activity, even with a zero balance


Not necessarily - depends on the issuer.  I have several GECRB CCs and not all generate a statement during a cycle where activity occured and netted a zero balance before the satement cycled.  IME, one that comes to mind is JCPenney with notable exceptions whenever the account has a credit balance and/or any promotional rewards are issued.

Message 7 of 8
Senior Contributor

Re: Amazon Statement cut with $0 Balance

Hmm. 

 

I've noticed that if I carry a balance for x months, then PIF, I will get ONE statement with a zero balance, then no more statements until I use the card again.

 

Maybe it is different with different GE backed cards?

Zero percent financing is where the devil lives...



Message 8 of 8