Synchrony Paypal cashback MC statement cycle question

[GoldSorata]

How does the statement cycle for the Paypal cashback mastercard work?

I got the card in early January (was apporved on Jan 6) and they posted a very short statement that was from Jan 7 to Jan 10. So I figured the statements would come out each month with a closing date of the 10th. But my next statement just posted, for Jan 11 through Feb 7. Is the cycle really going to be every 28 days? Or will it settle down and the closing date will actually be the 7th of each month going forward? 

[Bill77]

My statement closing date is the 15th of every month.  For the first 6 months it would report 2x a month to the CRAs.  Now it's the normal 1x.

[K-in-Boston]

While the due dates remain static, my experience with my Synchrony accounts has always been that the statement date has been dynamic.  Because February is a shorter month, your statement closed a bit earlier to allow you the same amount of time before your due date.  Short first cycles are normal for them.  The last card I got from them (Rakuten Visa, now Premier MasterCard) actually had a statement closed before I even received the card.

[GoldSorata]

Yeah, after posting I realized that with Feb being a shorter month, it made sense since the due date does seem to remain static and is the 2nd of the month for both of my statements.

[Credit12Fico]

I don't know about others, but my statement closing is always 23 days before the next due date unless that would land on a Saturday, and then it moves to Friday instead. 

[FireMedic1]

It isnt constant like @K-in-Boston posted. Its a day or 2 around the main date. Feb was shorter. Heres the past 6 months:

[SouthJamaica]

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@GoldSorata wrote:

How does the statement cycle for the Paypal cashback mastercard work?

I got the card in early January (was apporved on Jan 6) and they posted a very short statement that was from Jan 7 to Jan 10. So I figured the statements would come out each month with a closing date of the 10th. But my next statement just posted, for Jan 11 through Feb 7. Is the cycle really going to be every 28 days? Or will it settle down and the closing date will actually be the 7th of each month going forward? 

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It's not going to settle down to a particular date of the month.

To make matters worse, Synchrony sometimes reports your balance from dates other than the closing date, in addition to reporting the closing date balance.

[Credit12Fico]

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@FireMedic1 wrote:

It isnt constant like @K-in-Boston posted. Its a day or 2 around the main date. Feb was shorter. Heres the past 6 months:

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K-in-Boston said their due date is static and the statement closing is dynamic, so I believe you have misquoted.   

[Credit12Fico]

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@Bill77 wrote:

My statement closing date is the 15th of every month.  For the first 6 months it would report 2x a month to the CRAs.  Now it's the normal 1x.

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You're statement closed on October 15th, 2022? Are you sure? You might want to look again. Synchrony doesn't close on Saturdays. 

[K-in-Boston]

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@Credit12Fico wrote:

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@FireMedic1 wrote:

It isnt constant like @K-in-Boston posted. Its a day or 2 around the main date. Feb was shorter. Heres the past 6 months:

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K-in-Boston said their due date is static and the statement closing is dynamic, so I believe you have misquoted.   

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I believe he was referring to the due date and was in agreement.  (No comma after "constant" made the statement a little ambiguous.)  I don't have my online accounts open, but I am pretty sure what you stated about due date - X days = closing date (unless a Saturday then -1 more day) is correct.