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Cap1 secured question..

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cwwatts1202
Established Contributor

Cap1 secured question..

My husbands cap1 secured card he got around a month ago now has a statement available, due date is aug 2nd, balance is $18.82 out of a $200 limit, when will this report if it's due aug. 2nd? I wanna pay it before the due date to avoid interest, but I want a balance to report to his CR...

Message 1 of 7
6 REPLIES 6
Anonymous
Not applicable

Re: Cap1 secured question..


@cwwatts1202 wrote:

My husbands cap1 secured card he got around a month ago now has a statement available, due date is aug 2nd, balance is $18.82 out of a $200 limit, when will this report if it's due aug. 2nd? I wanna pay it before the due date to avoid interest, but I want a balance to report to his CR...


My CapOne cards report within three days of the statement due date.  For example, one of my cards has a due date of the 11th.  It updates on all three CRAs by the 14th.  

Message 2 of 7
Genkeim
Frequent Contributor

Re: Cap1 secured question..

I have a sec CapOne card. Mine reports to the agencies on the statement date. If you go online and look under Account/Statements & Documents you'll see what the statement date is. For me the statement date and due date are about a 5 days off, due date is 27th, statement date is 2nd.

 

What I do is pay off account before due date (27th) then make a small purchase before the 1st.

NFCU NavCheck $15k | NFCU cashRewards $12.5k | NFCU goRewards $12.5k |AMEX SPG $10k | Citi AA WEMC $6.5k | CSP $5k | Wal-Mart MC $4.5k | US Air WMC $3.9k | Amex Everyday $2k | Amex BCE $2k | Chase Freedom $1k | Discover IT $800
Current Scores:Equifax 697 (myFICO 4/14), TransUnion 699 (Discover 5/14), Experian 754 (Amex 5/14)
Message 3 of 7
cwwatts1202
Established Contributor

Re: Cap1 secured question..

Oh ok, so I'm order for the balance to report I need to pay off the $18 before the due date to avoid interest, then make another purchase say on the due date so when it reports, it will report a small balance?
Message 4 of 7
cwwatts1202
Established Contributor

Re: Cap1 secured question..

In*

on mobile sorry!!
Message 5 of 7
Genkeim
Frequent Contributor

Re: Cap1 secured question..

I make my purchase after the due date but before the statement date.

NFCU NavCheck $15k | NFCU cashRewards $12.5k | NFCU goRewards $12.5k |AMEX SPG $10k | Citi AA WEMC $6.5k | CSP $5k | Wal-Mart MC $4.5k | US Air WMC $3.9k | Amex Everyday $2k | Amex BCE $2k | Chase Freedom $1k | Discover IT $800
Current Scores:Equifax 697 (myFICO 4/14), TransUnion 699 (Discover 5/14), Experian 754 (Amex 5/14)
Message 6 of 7
shols44
Frequent Contributor

Re: Cap1 secured question..

pay balance and make a small purchase under $20 on the 3rd.


Starting Score: 501
Current Score: 754 EQ,TU 745,EX 750
Goal Score: 800

Message 7 of 7
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