My parents have the Double Cash card and just had a huge purchase that they paid in parts. Because it was twice their credit limit, they paid $15k, waited for the charge to post, immediately paid it off before statement closed, then charged another $15k, paid that off, and now they’re going to make a third payment.
My question is, since this isn’t straight 2x card, will they get the 1% for paying off the balance? Or does the cardholder only get the second 1% for paying off the STATEMENT balance? Because if that’s the case, that 30k they paid won’t show in the statement.