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New chase card and first statement cut

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red259
Super Contributor

New chase card and first statement cut

I have a new chase card that I got a few weeks ago. When I log in online it says my next payment is due 3/12. I have not had the first statement cut. I have some large purchses I need to make, but I don't want to make them and then have chase cut a statement and require me to pay everything on 3/12. If I make the purchases will the first statement not cut until after the 3/12 due date? 

;
Starting Score: EQ: 714, TU 684
Current Score: EQ: 725 7/30/13, TU 684 6/2013, Exp 828 5/2018, Last App 8/5/17
Goal Score: 800 (Achieved!) In garden until Sepetember 2019
Message 1 of 18
17 REPLIES 17
Anonymous
Not applicable

Re: New chase card and first statement cut


@red259 wrote:

I have a new chase card that I got a few weeks ago. When I log in online it says my next payment is due 3/12. I have not had the first statement cut. I have some large purchses I need to make, but I don't want to make them and then have chase cut a statement and require me to pay everything on 3/12. If I make the purchases will the first statement not cut until after the 3/12 due date? 


The purchases wont appear until the statement is cut.

Message 2 of 18
red259
Super Contributor

Re: New chase card and first statement cut


@Anonymous wrote:

@red259 wrote:

I have a new chase card that I got a few weeks ago. When I log in online it says my next payment is due 3/12. I have not had the first statement cut. I have some large purchses I need to make, but I don't want to make them and then have chase cut a statement and require me to pay everything on 3/12. If I make the purchases will the first statement not cut until after the 3/12 due date? 


The purchases wont appear until the statement is cut.


Ok, but that isn't really my question. My concern is will Chase cut a statement before the 3/12 payment due date that is currently listed on my account or will the first statement not cut until after that date? 

;
Starting Score: EQ: 714, TU 684
Current Score: EQ: 725 7/30/13, TU 684 6/2013, Exp 828 5/2018, Last App 8/5/17
Goal Score: 800 (Achieved!) In garden until Sepetember 2019
Message 3 of 18
Anonymous
Not applicable

Re: New chase card and first statement cut


@red259 wrote:

@Anonymous wrote:

@red259 wrote:

I have a new chase card that I got a few weeks ago. When I log in online it says my next payment is due 3/12. I have not had the first statement cut. I have some large purchses I need to make, but I don't want to make them and then have chase cut a statement and require me to pay everything on 3/12. If I make the purchases will the first statement not cut until after the 3/12 due date? 


The purchases wont appear until the statement is cut.


Ok, but that isn't really my question. My concern is will Chase cut a statement before the 3/12 payment due date that is currently listed on my account or will the first statement not cut until after that date? 


No, a staement wont come out before then.  It will come out on March 15th

Message 4 of 18
red259
Super Contributor

Re: New chase card and first statement cut


@Anonymous wrote:

@red259 wrote:

@Anonymous wrote:

@red259 wrote:

I have a new chase card that I got a few weeks ago. When I log in online it says my next payment is due 3/12. I have not had the first statement cut. I have some large purchses I need to make, but I don't want to make them and then have chase cut a statement and require me to pay everything on 3/12. If I make the purchases will the first statement not cut until after the 3/12 due date? 


The purchases wont appear until the statement is cut.


Ok, but that isn't really my question. My concern is will Chase cut a statement before the 3/12 payment due date that is currently listed on my account or will the first statement not cut until after that date? 


No, a staement wont come out before then.  It will come out on March 15th


Alright, thank you that is exactly what I needed to know. 

;
Starting Score: EQ: 714, TU 684
Current Score: EQ: 725 7/30/13, TU 684 6/2013, Exp 828 5/2018, Last App 8/5/17
Goal Score: 800 (Achieved!) In garden until Sepetember 2019
Message 5 of 18
Anonymous
Not applicable

Re: New chase card and first statement cut

3/12 is a ways away. I don't recall ever seeing a due date at a month out. I'd give it a week to see if a statement cuts and then make your purchases.

Message 6 of 18
redpat
Senior Contributor

Re: New chase card and first statement cut

My new Ink+ card had a due date of 3/2 online before I received a statement last week, approved in the last week of January.  I got my first statement last week and due date is 3/2 and has all my purchases from when I was approved to last week 2/11, IDK.

Personal Cards: Amex Delta Res | CSR | Citi AA Exec Business Cards: Ink+ | Amex BBP
Message 7 of 18
Anonymous
Not applicable

Re: New chase card and first statement cut

In looking at the dates again, I think I was incorrect.  Most likely you will receive a statement dated 2/15 with the due date of 3/12 so I would wait a few days and see what happens

Message 8 of 18
degs138
Established Contributor

Re: New chase card and first statement cut

Do you have a payment due amount? You should see one around 2/15. Then anything you spend won't be due until 4/12. I got a new card on 1/20. Due date was 3/1. On 2/4 my statement cut and I was given a statement amount.

FICO TU 757 Eq 741 116,900 Total revolving Credit.
Favorite cards: AMEX BCP, US Bank Cash+, Chase Sapphire Prefered
Message 9 of 18
EdMan63
Established Contributor

Re: New chase card and first statement cut


@Anonymous wrote:

In looking at the dates again, I think I was incorrect.  Most likely you will receive a statement dated 2/15 with the due date of 3/12 so I would wait a few days and see what happens


This is 100% correct. The first statement cuts the month you get the card typically 3 days after due date and in this case that date would have been 2/12. So wait until after 2/15 if you don't want the balance to post. 


Message 10 of 18
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