Author Topic: Misc Credit Card Questions  (Read 750672 times)

Offline yitzgar

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Re: Misc Credit Card Questions
« Reply #5805 on: April 04, 2017, 07:29:01 PM »
If it's Chase, if you pay in full, I think they report that so it may help fix the drop from the high utilization.
My understanding was that utilization has no memory, so wouldn't that automatically be true no matter who the issuer is? All payments are reported to the CB aren't they?

Offline JTZ

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Re: Misc Credit Card Questions
« Reply #5806 on: April 04, 2017, 07:31:41 PM »
My understanding was that utilization has no memory, so wouldn't that automatically be true no matter who the issuer is? All payments are reported to the CB aren't they?
If you PIF Chase will report mid-cycle.
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Offline yitzgar

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Re: Misc Credit Card Questions
« Reply #5807 on: April 04, 2017, 08:29:57 PM »
If you PIF Chase will report mid-cycle.
Good to know

Offline shulem92

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Re: Misc Credit Card Questions
« Reply #5808 on: April 04, 2017, 09:37:37 PM »
Usually right away, chase card?
yes. chase. apparently it didn't report yet. in fact the whole account hasn't been reported yet. brand new card, hence the confusion re closing date

Offline mmgfarb

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Re: Misc Credit Card Questions
« Reply #5809 on: April 04, 2017, 10:16:42 PM »
yes. chase. apparently it didn't report yet. in fact the whole account hasn't been reported yet. brand new card, hence the confusion re closing date
Ah, if the card hasn't reported yet anyway you have nothing to worry about, just pay it down now.
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Offline regular

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Re: Misc Credit Card Questions
« Reply #5810 on: April 04, 2017, 11:57:58 PM »
Ah, if the card hasn't reported yet anyway you have nothing to worry about, just pay it down now.
How does it work when do they start reporting? Wouldn't they report the statement balance?

Offline mmgfarb

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Re: Misc Credit Card Questions
« Reply #5811 on: April 04, 2017, 11:58:48 PM »
How does it work when do they start reporting? Wouldn't they report the statement balance?
If the card hasn't even been reported to the CB's yet then your closing balance doesn't matter.
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Offline Wizard

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Re: Misc Credit Card Questions
« Reply #5812 on: April 05, 2017, 12:31:47 AM »
Anyone ever noticed that when downgrading a Chase card to Chase Freedom card, you retroactively get the 5% category points for purchases during that quarter? And you don't lose the bonus category points from the original card during that time... Pretty cool.
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Offline yitzgar

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Re: Misc Credit Card Questions
« Reply #5813 on: April 05, 2017, 08:11:34 AM »
Anyone ever noticed that when downgrading a Chase card to Chase Freedom card, you retroactively get the 5% category points for purchases during that quarter? And you don't lose the bonus category points from the original card during that time... Pretty cool.
Shhhh

Offline shulem92

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Re: Misc Credit Card Questions
« Reply #5814 on: April 05, 2017, 11:43:00 AM »
did anyone ever had on the AMEX application status site that by the card type it says 'dummy code' instead of the type card that you applied for?
I see this by a few people but only on the cards that they already had before......
originally my app said spg biz, but now it shows dummy code. first time app

Offline mmgfarb

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Re: Misc Credit Card Questions
« Reply #5815 on: April 05, 2017, 11:52:36 AM »
originally my app said spg biz, but now it shows dummy code. first time app
One of mine also says dummy code, not sure why.
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Offline Moshe26

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Re: Misc Credit Card Questions
« Reply #5816 on: April 05, 2017, 12:08:56 PM »
One of mine also says dummy code, not sure why.
+1. originally showed as spg biz but now says dummy code

Offline newdealseeker

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Re: Misc Credit Card Questions
« Reply #5817 on: April 05, 2017, 01:01:26 PM »
One of mine also says dummy code, not sure why.
By me it also says dummy code for SPG business. First time app for SPG

Offline Wizard

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Re: Misc Credit Card Questions
« Reply #5818 on: April 05, 2017, 01:24:12 PM »
Shhhh
Haha-it's not such a hot trick. You noticed this before?
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Offline yitzgar

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Re: Misc Credit Card Questions
« Reply #5819 on: April 05, 2017, 02:37:45 PM »
Haha-it's not such a hot trick. You noticed this before?
Not personally, but I've seen it mentioned