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Discover Statement Cut 0.00 Balance Reported 76.05

tag
Rebuild2019
Valued Contributor

Discover Statement Cut 0.00 Balance Reported 76.05

Good Morning,
Thought I was figuring this out BUT.... My Discover Statement cuts on the 20th. I owed 29.95 so I paid that and used the card again on the 19th. Takes 3- days to post. Checked Discover all weekend so last night the website showed my 29.95 payment and 0.00 due on the 15th. Just the way I wanted it considering I have been paying several times a month. I’ve been trying to swipe a lot and PIF.
Checked my EX score and it shows my balance as 76.05 not the 0.00 that my statement shows 🙄. So I lost 3 FICO points. I thought they reported what ever my statement showed? 3 points is a lot when rebuilding. I just printed my Statement and it shows balance 0.00! I did expect them to report highest balance as $76.05.

CARDS: Discover It | Kohl’s | Truist Spectrum Cash Rewards | Truist Bright | CITI Custom Cash | Chase Freedom Flex | Chase Amazon Prime Visa | VACU Cash Rewards Mastercard | Sam’s Club Mastercard | PenFed Gold Visa | NFCU CashRewards | NFCU More Rewards | NFCU Platinum Visa | AMEX BCE | Verizon Visa | Wells Fargo Active Cash | Amazon Prime | NFCU Auto Loan
Starting Scores 05/2019: EQ:519, EX:525, TU:574

CLOSED : Capital One Quicksilver One | OpenSky |
27 REPLIES 27
Rebuild2019
Valued Contributor

Re: Discover Statement Cut 0.00 Balance Reported 76.05

I did use the card on the 19th so that’s a legitimate charge for $76.05. Just surprised it was reported when my Statement reported 0.00.

CARDS: Discover It | Kohl’s | Truist Spectrum Cash Rewards | Truist Bright | CITI Custom Cash | Chase Freedom Flex | Chase Amazon Prime Visa | VACU Cash Rewards Mastercard | Sam’s Club Mastercard | PenFed Gold Visa | NFCU CashRewards | NFCU More Rewards | NFCU Platinum Visa | AMEX BCE | Verizon Visa | Wells Fargo Active Cash | Amazon Prime | NFCU Auto Loan
Starting Scores 05/2019: EQ:519, EX:525, TU:574

CLOSED : Capital One Quicksilver One | OpenSky |
Message 2 of 28
dynamicvb
Valued Contributor

Re: Discover Statement Cut 0.00 Balance Reported 76.05

I’ve seen Discover report the balance as of the report date. There was a thread a while back where others reported this too. In my account it does not happen all the time, but it does happen occasionally.

Started Rebuild 4/2018: EX 616| TU 604| EQ 621

Current 5/28/20:


First Goal Score: 750+ Reached 3/2019

Next Goal all over 800
Message 3 of 28
Anonymous
Not applicable

Re: Discover Statement Cut 0.00 Balance Reported 76.05

Reporting the balance on the statement date has been my experience as well.
Message 4 of 28
Rebuild2019
Valued Contributor

Re: Discover Statement Cut 0.00 Balance Reported 76.05

I won’t do that again. I started to pay with my debit card, but thought it was good to show more usage on that card and just pay it off in a few days. They put a notice up saying I could not make another payment. That was paying through Discover. Next time I will do it through my bank, which shows as paid in 2-days. A learning experience for me. I wanted to keep my usage at 4%. Now it shows 11%.

CARDS: Discover It | Kohl’s | Truist Spectrum Cash Rewards | Truist Bright | CITI Custom Cash | Chase Freedom Flex | Chase Amazon Prime Visa | VACU Cash Rewards Mastercard | Sam’s Club Mastercard | PenFed Gold Visa | NFCU CashRewards | NFCU More Rewards | NFCU Platinum Visa | AMEX BCE | Verizon Visa | Wells Fargo Active Cash | Amazon Prime | NFCU Auto Loan
Starting Scores 05/2019: EQ:519, EX:525, TU:574

CLOSED : Capital One Quicksilver One | OpenSky |
Message 5 of 28
kilroy8
Community Leader
Super Contributor

Re: Discover Statement Cut 0.00 Balance Reported 76.05

It seems that they all try to go ahead and post any pending stuff ahead of statement, so I make sure that none are pending until day after statement.

Message 6 of 28
Rebuild2019
Valued Contributor

Re: Discover Statement Cut 0.00 Balance Reported 76.05

@ImTheDevil I’m learning. Though I had it figured out. Trying to make sure only one reports.

CARDS: Discover It | Kohl’s | Truist Spectrum Cash Rewards | Truist Bright | CITI Custom Cash | Chase Freedom Flex | Chase Amazon Prime Visa | VACU Cash Rewards Mastercard | Sam’s Club Mastercard | PenFed Gold Visa | NFCU CashRewards | NFCU More Rewards | NFCU Platinum Visa | AMEX BCE | Verizon Visa | Wells Fargo Active Cash | Amazon Prime | NFCU Auto Loan
Starting Scores 05/2019: EQ:519, EX:525, TU:574

CLOSED : Capital One Quicksilver One | OpenSky |
Message 7 of 28
FireMedic1
Community Leader
Mega Contributor

Re: Discover Statement Cut 0.00 Balance Reported 76.05

You'll get the points back. I've gotten that it could take up to 8 days thing when you try to make payments too close together before the first one post to the account. Thought i paid what I wanted to post. But didnt notice that little section under recent acivity had a slow pending charge. No big deal. You sneeze and some CRA's will takes 3 points just because. Smiley Very Happy


Message 8 of 28
Anonymous
Not applicable

Re: Discover Statement Cut 0.00 Balance Reported 76.05

It’s honestly not a big deal in the grand scheme. You can wait til next month to have things recover, or you can get your balance to zero and call customer service at Disco to request an off-cycle report - they’re great about doing that. I paid a big chunk of mine off some months ago and wanted it reflected since my report date was 2-3 weeks out still. Called up, was on the phone for two minutes to request it, and the next day my alerts showed the balance change. Disco was happy to do that.
Message 9 of 28
Rebuild2019
Valued Contributor

Re: Discover Statement Cut 0.00 Balance Reported 76.05

Wish I had known that. I’m still learning. I try to read on here every chance I get. I have managed to stick to my plan of only using the cards To Purchase what I normally purchase. Only a few points 🙄 been telling myself that all day.

CARDS: Discover It | Kohl’s | Truist Spectrum Cash Rewards | Truist Bright | CITI Custom Cash | Chase Freedom Flex | Chase Amazon Prime Visa | VACU Cash Rewards Mastercard | Sam’s Club Mastercard | PenFed Gold Visa | NFCU CashRewards | NFCU More Rewards | NFCU Platinum Visa | AMEX BCE | Verizon Visa | Wells Fargo Active Cash | Amazon Prime | NFCU Auto Loan
Starting Scores 05/2019: EQ:519, EX:525, TU:574

CLOSED : Capital One Quicksilver One | OpenSky |
Message 10 of 28
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