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Statement closing date

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surfnspy
Contributor

Statement closing date

My card statement says:

 

Your next statement will close on 09/23/2012.

Is that the day balances (if any) are reported?

 

Thank you!

EX: 750 (05/2015) | EQ: 765 (5/2015) | TU: 765 (5/2015)

Barclays World MasterCard CL: $19K
Capital One MasterCard CL: $3.9K (sock drawer)
CHASE Sapphire Preferred Visa Sig CL: $20K
JPM Ritz Carlton Visa Sig CL: $20K
Inquiries: 1 (EX) 0 (TU) 0 (EQ)
Message 1 of 5
4 REPLIES 4
Scuba
Frequent Contributor

Re: Statement closing date

That depends on the credit card issuer, but generally I would say yes.

 

For example my US Bank statement cuts on the 15th and if I owe a balance it shows on the statement they mail me.

 

 But if I pay off the balance before the end of the month even though I had a balance on my statement, they report a zero balance to the CB.

 

 

Message 2 of 5
surfnspy
Contributor

Re: Statement closing date

Thank you I should have been more specific. The issuer is Barclays if that helps.

EX: 750 (05/2015) | EQ: 765 (5/2015) | TU: 765 (5/2015)

Barclays World MasterCard CL: $19K
Capital One MasterCard CL: $3.9K (sock drawer)
CHASE Sapphire Preferred Visa Sig CL: $20K
JPM Ritz Carlton Visa Sig CL: $20K
Inquiries: 1 (EX) 0 (TU) 0 (EQ)
Message 3 of 5
LS2982
Mega Contributor

Re: Statement closing date

Yup that date they list is the statement closing date. You have until 7pm EST to pay any balance off if you don't want it to report.



EQ FICO 548 3/3/16
Message 4 of 5
nicholasyud
Valued Contributor

Re: Statement closing date

Just don't spend too much on the first month waitfor your first bill come..... just to be sure
Starting Score: 560
Current Score: ?
Goal Score: 800
Message 5 of 5
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