I was under the impression that only the balance on statement closing is reported to the credit bureaus but I'm a bit confused about something I'm seeing on my credit reports. My Cap1 QS1 shows a high historical balance that did exist brieflyfrom my understanding should have never been reported in the first place. I opened the card in Feb and shortly after receiving it I made a larger purchase that put me at a pretty high utilization ~75% on a $2000 CL. I paid that $1517 off almost immediately after it posted (payment posted to account/ available credit updated/fully cleared my bank) 4 days before my first statement closing date. EX and EQ show $383 for Feb (which is what my first statement closing balance was) while TU doesn't show the account reporting at all for Feb, yet all 3 show a $1517 high historical balance. I know it's effectively irrelevant for FICO8 (probably 9 too) and that 10T whic does account for utilization isn't really used much yet but just want to know if this is normal or if this is an oddity. I don't want to get penalized (nor should I imo) for making a large purchase if I'm paying it off before the statement closing. My other card from Discover only shows my highest closing balance not the highest mid cycle balance for high historical balance.
No big deal. Some accounts will show how high you went using a card. Its a good thing in a way to show you do use your card and it may help when you ask for a CLI. Long as you didnt go OTL. No harm no foul. As you posted historical balance. Comes down to what was posted come statement date that matters and is use for scores.
It's normal. The high balance is just that - the highest balance ever on the card, regardless of whether it was actually a statement balance.
And no, that number wouldn't affect your scores in any way. At least not FICO 8 or 9. Who knows with 10/10T, but as you said, they aren't used yet.
