Capital One Reporting Delayed Trend

[Iusedtolurk]

I know a lot of us have recently been adjusting to the new Capital one statement cutting dates but I have noticed with my Cap1 accounts (along with the change in statement cutting dates) that the bureau updates take longer now.

Cap1 for me used to cut every month on the 9th and would show up on my EX report on the 10th. Now since it cuts anywhere from the 9th to 12th (depending on what month and number of days) it shows up on EX anywhere from 3-4 days later.

Thought it was an EX thing but all my other accounts show reported on EX the next day after statement cuts.

Anyone else experiencing this new late reporting by Cap1? (On EX) Trans and Eq always delayed on all accounts anyway.

[Anonymous]

I haven't noticed anything yet, but I've got another statement cut happening in the next couple of days and will look out for it this cycle.

[Anonymous]

Yes. This really screwed me this month. Like you my statement cut on the 8th. I knew that so when I went to purchase some airline  tickets on the 10th I used that card who's statement should have cut on the 8th. Eventually I cancelled the flight and would be refunded the full amount. However I noticed my statement never cut on the 8th. And the transaction was still pending along with a refund pending. Needless to say the statement cut as soon as the pending transaction processed and now the card is going to report at 50% and I'm closing in 3 weeks. Just great. 

[Cowboys4Life]

I am not having any issue with delayed updating by the bureaus but the "floating" statement cut date really SUCKS.  At least for right now.  I too close in 2 weeks and trying to keep bank balances higher and AZEO in practice until that happens has been challenging.  This was NOT the time for Cap1 to change to this accounting procedure.  UGH.  Once I close and get 90 days past that I will worry less about AZEO.

[Iusedtolurk]

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@Anonymous wrote:

Yes. This really screwed me this month. Like you my statement cut on the 8th. I knew that so when I went to purchase some airline  tickets on the 10th I used that card who's statement should have cut on the 8th. Eventually I cancelled the flight and would be refunded the full amount. However I noticed my statement never cut on the 8th. And the transaction was still pending along with a refund pending. Needless to say the statement cut as soon as the pending transaction processed and now the card is going to report at 50% and I'm closing in 3 weeks. Just great. 

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@Anonymous Hope your closing still goes smooth Good Luck!

[Iusedtolurk]

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@Cowboys4Life wrote:

I am not having any issue with delayed updating by the bureaus but the "floating" statement cut date really SUCKS.  At least for right now.  I too close in 2 weeks and trying to keep bank balances higher and AZEO in practice until that happens has been challenging.  This was NOT the time for Cap1 to change to this accounting procedure.  UGH.  Once I close and get 90 days past that I will worry less about AZEO.

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@Cowboys4Life  Yeah that floating statement stirred up a little complexity to a simple situation.

You can call Cap1 and the CSR can give you all your statement cut dates for the whole year to make it easier.

[Ficoproblems247]

Same thing with both my Cap1 accounts.  

[Mr_Mojo_Risin]

I haven't noticed anything different yet. My Cap1 statement will cut on the 14th this month so I'll be looking to see if there's any delay.

[Horseshoez]

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@Mr_Mojo_Risin wrote:

I haven't noticed anything different yet. My Cap1 statement will cut on the 14th this month so I'll be looking to see if there's any delay.

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Agreed, so far all of my statements have been cut on the 17th of each month, I'll keep a lookout for what happens for me next week.

[Rottweilerlvr]

I'm beginning to regret getting the Capital One card. Statement dates are no longer reliable and I'm noticing the reporting is slower too. I've begun using lit less due to the unreliablity. NFCU due date is the 13th every month, statement is the 16th, and reporting on the 17th. I need that stability and not be trying to guess things like I do with Cap One..