@Zoostation1 wrote:My first statement closing date is coming up later this week on my Amex BCP. When Amex reports, do they include pending transactions (I know it may not report at all this month)? My statement closes on the 17th, the same day of my Spotify subscription gets billed and since I am still practicing AZEO I'd like this card to report 0. It's not the end of the world if it reports but I'd still prefer to keep it at 0. (I can always move it back to SavorOne to ensure it won't and would only be losing 32¢).
No one reports pending transactions. Only posted transactions are posted. But sometimes they post it faster than usual when the statement is being generated. So since you're micro-managing reported balances, you should assume they will be included. If you want to avoid that, make an extra payment.
So if you prepay pending charges before statement cuts would it show as a positive balance or just zero?
BofA is not posting pending transactions faster, Amex does.
@Rogue46 wrote:So if you prepay pending charges before statement cuts would it show as a positive balance or just zero?
Negative balances report as $0. Positive balances would show whatever the statement balance is (or for some lenders such as US Bank whatever the balance is on the reporting date if it differs from statement date).
