Cap1 reported first statement!

[Caught750]

Hey all just a heads up, I haven’t seen any reports of this yet. I opened a Cap1 Venture which just had its first statement cut. I wasn’t expecting this (no worries since util is still fine) but Cap1 reported the first statement!

[Loquat]

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@Caught750 wrote:
Hey all just a heads up, I haven’t seen any reports of this yet. I opened a Cap1 Venture which just had its first statement cut. I wasn’t expecting this (no worries since util is still fine) but Cap1 reported the first statement!

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CapOne has never been known to (at least in my experience) delay reporting.  They've always reported after statement cut...even the first.  Amex on the other hands has been a 2 statement delay on new accounts, again, in my experience. 

[FinStar]

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@Loquat wrote:

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@Caught750 wrote:
Hey all just a heads up, I haven’t seen any reports of this yet. I opened a Cap1 Venture which just had its first statement cut. I wasn’t expecting this (no worries since util is still fine) but Cap1 reported the first statement!

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CapOne has never been known to (at least in my experience) delay reporting.  They've always reported after statement cut...even the first.  Amex on the other hands has been a 2 statement delay on new accounts, again, in my experience. 

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I would echo the same.  When I was approved for the Savor CC last year that seemed to be in line for Capital One IME.

[Caught750]

My other Cap1 card did not report until the second or third statement. I suppose that may have been the exception.

[Anonymous]

I have had 4 Cap cards and none of them had delays in reporting. They weren’t as quick as Sync accounts which go on before you even get the card but they all went on when the first statement was cut.