Do BoA credit cards always close on the same day of the month?

[Anonymous]

Hi, just got a quick question that I figured anyone else with Bank of America could help me with.

I was recently approved for and received the Cash Rewards credit card, which will be a useful addition to my portfolio of cashback cards.

I have noticed that some banks always cut statements on the same day of every month (e.g. my Chase statements are always on the 3rd, PenFed always on the 12th). Others vary month to month by a few days (e.g. Capital One is always between the 25th-28th).

Which way does BoA Cash Rewards work? I need to know for some payment planning and spreadsheet work thanks!

[AllZero]

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@Anonymous wrote:

Hi, just got a quick question that I figured anyone else with Bank of America could help me with.

I was recently approved for and received the Cash Rewards credit card, which will be a useful addition to my portfolio of cashback cards.

I have noticed that some banks always cut statements on the same day of every month (e.g. my Chase statements are always on the 3rd, PenFed always on the 12th). Others vary month to month by a few days (e.g. Capital One is always between the 25th-28th).

Which way does BoA Cash Rewards work? I need to know for some payment planning and spreadsheet work thanks!

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Yes. Rest assured, close date should remain the same for the time being. Unless they do a Capital One on you in the future. 

[Anonymous]

Thanks for the info and the quick response!

[AllZero]

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@Anonymous wrote:

Thanks for the info and the quick response!

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You are welcome. Congratulations on your approval. It's a great card with SP CLI potential.

[coldfusion]

For any given credit card account BoA generates statements on the same day every month for example if it's on the 9th, it's dated the 9th for every month.

[Anonymous]

It's the same day every month, 3 days after the due date.