Capital One Address Change/Balance Update

[Anonymous]

I'm moving and will be leaving my current address by Friday.  Capital One Cards will be close to 30% utilization tomorrow (QS One will be + and the Platinum will be about 45% utilization) but I need to update my address.

I'm not worried about a balance update tomorrow, I am if they go off a later date.   It's not a question of ability to pay, I'm simply not using cash during this move.  I max the cards then pay them off.  Expensive move (450 miles) so I figure push these cards to the limit since I think I've paid close to $1,500 on these cards this month ($500 limit between the two and I've pushed them over limit more than once w/ gas).

So, the question is, what are the chances Capital One will do a Balance update and, if they decide to, anyone know how soon after the address update they might pull that balance?

[Anonymous]

I dont think i understand your question. Are you asking when the new balance will report?

[HeavenOhio]

The OP is asking if reporting the new address will cause Capital One to do a mid-cycle report that includes the current balance.

[Anonymous]

As I understand, you are worried that high balance might be reported when you update your address? Based on my experience, Capital One only reports balance on statement date. So, I would expect them to reflect new address when the statement cuts.

FYI, since Capital One does not do off-cycle updates on user requests like other banks (Amex, Discover), I would suggest you to make payments before statement date, so you can lower your reported utilization as you wish.

[Anonymous]

Now that I know the statement dates on the new cards they will be paid down prior to statement date. 

My concern, as was pointed out, is if the address will trigger a mid-cycle update.  And if it does what balance would Capital One post?  I.E. the one at the time of the address change or a few days down the road?

My balance tomorrow when I do the update will be potentially $0 on both cards, but I will be using them again as of tomorrow which is why I'm asking.  

I'm going to be paying them off again next week as well, but if an update were to happen say 3 days after I do the update there is a good possibly both cards could be close to limit with payments enroute.

That's why I'm asking.  

[Anonymous]

Whenever an off-cycle update happens, the balance at that time will be reported. But I am guessing that the address change wouldn't cause an update.

[Anonymous]

Does it really matter if Capital One does a balance update mid cycle if you are going to pay them off a week? They’ll report high utilization for a week, maybe drop your credit score a bit, then when the statement posts your score goes back to where it was. Unless you are trying to buy a house or car during the week or two where the higher balances might report, it doesn’t matter?

[Anonymous]

I've have had my QS almost 4 years now and have moved two times. Everytime I have moved it has pushed my statement cut date and due date out further in the month by a couple of days. They sent me a notice of this by us mail. It read something like"your due date will be the 18th instead of the 15th....." or "your will now receive your statment onthe 23rd"

[Anonymous]

Can a person who lives in Puerto Rico, that was approved a Capital One credit card using a US address, later change their address to their Puerto Rico address? Does anyone have the backdoor number or email of any of Capital One CEO or Executives to ask them this question? Thanks!

[gdale6]

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@Anonymous wrote:
Can a person who lives in Puerto Rico, that was approved a Capital One credit card using a US address, later change their address to their Puerto Rico address? Does anyone have the backdoor number or email of any of Capital One CEO or Executives to ask them this question? Thanks!

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Not a problem AFAIK.  

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