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Old Nov 29, 2012 | 6:30 am
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metoo
 
Join Date: Nov 2006
Location: LAX
Posts: 2,851
Paying balance before closing statement

Just want confirmation that this is correct:

If Statement is due on December 10, 2012 and I charge 2k (CL is 3k) on December 2nd, pay it off December 3rd, will the 2k appear on my credit card report for the statement balance ?

If balance is zero for the closing statement, will this mean that the 2k is not used for my credit card utilization?

I understand that different banks have different rules in reporting the monthly balance to the Credit Bureau.

This Scenario is for Citi Bank

TIA

Last edited by metoo; Nov 29, 2012 at 6:47 am
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