Question about balance reported when statement cuts

[Autumnslight]

Let's say I have a card with the following:

Limit: $1,000

Posted balance: $200

Pending Charges: $100

Available Credit: $700

If the statement cuts before those pending charges are finalized, will the reported balance be $200 or $300? It seems like it would make sense for the actual posted balance of $200 to be reported, since the pending charges could still change. I've never bothered to check on the timing for pending charges around the statement date though, so I'm not sure.

[Walt_K]

$200.  Whatever is printed on your bill is what is going to get reported (for most cards, some report end of month).

[Razeus]

And the beauty of it is that if your statement cuts today, you can charge something today and you won't have to pay that bill until November's due date.  

[Anonymous]

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@Razeus wrote:

And the beauty of it is that if your statement cuts today, you can charge something today and you won't have to pay that bill until November's due date.  

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I plan some purchases to make use of this!