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Charge card ok for AZEO?

W261w261
Frequent Contributor

Charge card ok for AZEO?

Or must it be a revolving balance? Thx

Message 1 of 5
4 REPLIES 4
jcooks
Established Contributor

Re: Charge card ok for AZEO?

It will not work.  Also, don't use Chase either as sometimes it reports the 0 balance immediately after paying off.  I've had it where Chase reports 0 immediately after paying it off, and sometimes it continues with the balance.   Best to not use either a charge card or any Chase cards.

Message 2 of 5
gdale6
Moderator Emeritus

Re: Charge card ok for AZEO?


@jcooks wrote:

It will not work.  Also, don't use Chase either as sometimes it reports the 0 balance immediately after paying off.  I've had it where Chase reports 0 immediately after paying it off, and sometimes it continues with the balance.   Best to not use either a charge card or any Chase cards.


Chase will only report after your statement cuts if the balance on the account hits zero at a point during their overnight processing, it can happen even with outstanding authorizations waiting to post.

Message 3 of 5
jcooks
Established Contributor

Re: Charge card ok for AZEO?


@gdale6 wrote:

@jcooks wrote:

It will not work.  Also, don't use Chase either as sometimes it reports the 0 balance immediately after paying off.  I've had it where Chase reports 0 immediately after paying it off, and sometimes it continues with the balance.   Best to not use either a charge card or any Chase cards.


Chase will only report after your statement cuts if the balance on the account hits zero at a point during their overnight processing, it can happen even with outstanding authorizations waiting to post.


Ah, I always tend to pay the morning of statement cut.  That makes sense.

Message 4 of 5
JcT21
Frequent Contributor

Re: Charge card ok for AZEO?


@jcooks wrote:

It will not work.  Also, don't use Chase either as sometimes it reports the 0 balance immediately after paying off.  I've had it where Chase reports 0 immediately after paying it off, and sometimes it continues with the balance.   Best to not use either a charge card or any Chase cards.


 

ive had capitalone report a 0 balance on my venture card in mid cycle after PIF.   its only happend once.  i now use  it for my AZEO.  its never PIF anymore, always around $100 reporting. 

 

 

fico scores - August 2023:
TU - 727 | EX - 717 | EQ - 722 |
TCL - 122K - UTIL - less than 1%
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