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How often does Discover report?

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tonsers
Frequent Contributor

How often does Discover report?

I just got a Discover Miles in early March. My first statement cut on April 5 with a due date of May 4.

I received a Score Watch alert on April 12 updating my balance.

I received ANOTHER Score Watch April 19 updating my balance.

Is this normal? I typically make small payments on my accounts two or three times a month but other CCCs only update monthly. The only thing I can think of is that they are updating every time I make a small payment?
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2 REPLIES 2
haulingthescoreup
Moderator Emerita

Re: How often does Discover report?

Usually they only report once, like clockwork, on your statement date. Maybe since it was a new account, they reported at the opening, and then again on your regular statement date. They reported twice for us in December, and when I called, they were baffled, and updated AGAIN to show the $0 balance.

Try going onto your online account and see when your statement date is, and see if that was the second time they reported. Discover is great about (normally) reporting only on the statement date, and it's the same date every single month. And if that date doesn't work for you, they will change it, although I think that they go by due date, which is the day before.

So our statement date is on the 18th, due on the following 17th. If we wanted our statement date to be the 2nd, I would ask them to change the due date to the 1st. (Hope that makes sense. Smiley Tongue)
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
Message 2 of 3
tonsers
Frequent Contributor

Re: How often does Discover report?

Hauling, thanks, that does make sense! Smiley Happy

My statement date is the 5th, due on the 4th. The dates are fine with me. Just can't understand why they reported twice this month - a week apart.

I'm not worried about it - it's a BT card anyway so I'm not trying to PIF. Just new to the Discover family and thought it was strange.

Thanks! Smiley Happy
Message 3 of 3
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