Re: Discover Card Statement Question

laboi_22 · ‎09-25-2011

I noticed somewhere on the forums (can't find where now) and interesting comment regarding Discover and their statements. The poster mentioned that Discover reports your balance on the statement due date as opposed to the statement cut date. Is there any validity to this? If that were the case, I would consider using my new Discover as my primary spending card and let the BofA card SD itself.

Current Scores: EX - 728 FICO (5/11/13) TU - 771 FICO (7/02/13) EQ ??

Current Cards: Chase Freedom $5,000, CSP $5,700, BofA Visa Signature $15,000, AMEX BCE $6,000, Walmart $4,150, Gap Visa $10,000, JC Penny $5,800, Lowes $8,500, Dillard's AMEX $8,000, AMEX Hilton HHonors - $2,000, Chase United $12,000, Citi AAdvantage & Simplicity $6,000/$6,000, SPG AMEX $1,000

Anonymous · ‎09-25-2011

Due u mean payment due date?????

laboi_22 · ‎09-25-2011

Yes payment due date

Current Scores: EX - 728 FICO (5/11/13) TU - 771 FICO (7/02/13) EQ ??

Current Cards: Chase Freedom $5,000, CSP $5,700, BofA Visa Signature $15,000, AMEX BCE $6,000, Walmart $4,150, Gap Visa $10,000, JC Penny $5,800, Lowes $8,500, Dillard's AMEX $8,000, AMEX Hilton HHonors - $2,000, Chase United $12,000, Citi AAdvantage & Simplicity $6,000/$6,000, SPG AMEX $1,000

Anonymous · ‎09-25-2011

My balance on the statement gets reported every month.

laboi_22 · ‎09-25-2011

On which date? The statement cut date or the payment due date?

Current Scores: EX - 728 FICO (5/11/13) TU - 771 FICO (7/02/13) EQ ??

Current Cards: Chase Freedom $5,000, CSP $5,700, BofA Visa Signature $15,000, AMEX BCE $6,000, Walmart $4,150, Gap Visa $10,000, JC Penny $5,800, Lowes $8,500, Dillard's AMEX $8,000, AMEX Hilton HHonors - $2,000, Chase United $12,000, Citi AAdvantage & Simplicity $6,000/$6,000, SPG AMEX $1,000

MarineVietVet · ‎09-25-2011

My monthly statement date is always the 13th of the month. That is when my balance ie reported. The due date is always the 8th of the following month. I've never seen a deviation of this.

From a BK years ago to:
EX - 3/11 pulled by lender- 835, EQ - 2/11-816, TU - 2/11-782

"Some people spend an entire lifetime wondering if they've made a difference. The Marines don't have that problem".

laboi_22 · ‎09-25-2011

Thank you for the information. That is what I suspected.

Current Scores: EX - 728 FICO (5/11/13) TU - 771 FICO (7/02/13) EQ ??

Current Cards: Chase Freedom $5,000, CSP $5,700, BofA Visa Signature $15,000, AMEX BCE $6,000, Walmart $4,150, Gap Visa $10,000, JC Penny $5,800, Lowes $8,500, Dillard's AMEX $8,000, AMEX Hilton HHonors - $2,000, Chase United $12,000, Citi AAdvantage & Simplicity $6,000/$6,000, SPG AMEX $1,000

Anonymous · ‎09-25-2011

Balance gets reported on the statement cut date

KIPPIE12 · ‎09-25-2011

same here, statement date as well

RockinRay · ‎09-26-2011

Yep - statement date all the time.

Ray

Ray

** Every Card has a Job, and Every Card does its Job **

Discover Card Statement Question

Get your FICO® Score for free

Discover Card Statement Question