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Hello all!
I got approved for an Amazon store card back in January and I've not had any issues with recieving statements and paying them off; however, I'm confused about the dates that my statements cut. In February, it cut on the 8th and in March it cut on the 11th. Why does it not cut on the same day every month? My discover card cuts on the 5th of every month and the payment is due the 2nd of the following month and I really like that consistency so I never lose track of due dates and statement dates.
I asked someone through the online help option and they said, "The statement will be generated once for 30 days on your account and the statement cuts the day before the due daye/statement is generate" which doesn't make sense to me when it's been different the past two months?
Does anyone know how the statement system for this card works so I'm not worrying every month about when I will recieve my statement?
Thank you!
What is the due date? That should be the same day each month. It's possible the statement cuts a fixed number of days before the due date, and due to different numbers of days in the month this causes the statement cut date to vary.
I've had my Amazon card for a LONG time and I still have not been able to figure out any rhyme or reason for the statement dates (same with Lowe's card). The due date is always the same, of course. Credit cards will usually have a static statement closing date (i.e. the 25th of every month) or will always close an exact number of days prior to the due date (i.e. Amex is always 25 days before, so unless the due date is the 26th, 27th, or 28th, the statement date will float around depending on the number of days in the month). If anyone every figures out the Synchrony methodology, I'd love to hear it, as it conforms to neither of those standards.
Mine is a set number of days from the end of the month (1 before last). So in February it cut on the 27th, March the 30th, etc.
@codefreak13 wrote:Mine is a set number of days from the end of the month (1 before last). So in February it cut on the 27th, March the 30th, etc.
Is yours like that for every statement in the past year? Mine is 3 days before the last day of the month (i.e. February 25th, March 28th) except that in October it was on the 27th instead of the 28th. Any time I think I've figured out the pattern there's always at least one statement that's an outlier!
I apologize I was thinking of my Walmart card (another Sync product).
For Amazon all of my 31-day months closed the 18th, 30-day months the 17th, and February the 15th so 'set # of days from month end' still holds for me.