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