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Would PIF before statement affect minimum spend?

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Anonymous
Not applicable

Would PIF before statement affect minimum spend?

I have several new cards that have a minimum spend to get bonus miles. I have met the minimum spend. Can I pay these before the statements are cut and be confident I will get credit for the spending ? My concern is the statements when cut will show a zero balance. I don't want to miss the bonus to help my credit score? Anyone have any experience doing this or thoughts?

Message 1 of 4
3 REPLIES 3
mikelo22
Established Contributor

Re: Would PIF before statement affect minimum spend?

Yes, you can pay it before it cuts. Absolutely. Grats on your upcoming bonuses! Smiley Very Happy

Message 2 of 4
elim
Senior Contributor

Re: Would PIF before statement affect minimum spend?

pay early and enjoy the bonus

Message 3 of 4
Anonymous
Not applicable

Re: Would PIF before statement affect minimum spend?


@Anonymous wrote:

I have several new cards that have a minimum spend to get bonus miles. I have met the minimum spend. Can I pay these before the statements are cut and be confident I will get credit for the spending ? My concern is the statements when cut will show a zero balance. I don't want to miss the bonus to help my credit score? Anyone have any experience doing this or thoughts?


You don't necessarily have to pay the balance to get the bonus.  For me, once I meet the minimum spend even before the statement cuts, I email or call and I get my bonus before deciding what to do with the balannce.  I have only done this with Chase as I don't think they care about the balance if you have a good record.  I don't know about other companies though..

Message 4 of 4
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