Capital One is Changing my Billing Cycle End Date, Ramifications for AZEO

[torebuild2014]

I also posted about the statement date calculation change after I thought I had figured out the formula.

I understand the different perspectives as well as the frustration in trying to figure out the date. I think the issue for me is  the transparency of the statements and the closing dates of my other lenders who show on the statements when the next closing dates are. (i.e. Amex, Citi, etc.)  They also have closing dates that change but I don't have to do the calculation and then hope I did it correctly.

I admit to some laziness on my part not wanting to do the math. I've decided to not charge after the due date if I need a zero balance on that card until a few more cycles of making sure I have it figured out. But I do understand those us who have enjoyed the comfort and reliability of the fixed date. Change is not always easy to adjust to, but we will all have to adapt since it's their card and therefore their rules.

[Remedios]

I think  people would benefit more from abandoning AZEO indoctrination than anything else.

If a reported balance on one additional card gives some this much anxiety, is it really worth it?

It's a payment method, not a lifestyle. 

[thornback]

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@Remedios wrote:

I think  people would benefit more from abandoning AZEO indoctrination than anything else.

If a reported balance on one additional card gives some this much anxiety, is it really worth it?

It's a payment method, not a lifestyle. 

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+1

I abandoned AZEO as a lifestyle nearly 3 years ago and it's so much better - and not a single lender has been shown to care. 

IMO, AZEO should be used as an optimization tool for the moments you need it - otherwise use your credit, PIF by the due date. 

Granted, if your limits are small of course you may need to control your reported balances a bit; that's perfectly reasonable.