I just spoke with a CSR and since I am not sure if I can trust her, I thought I would ask here. Thanks for your help! So my understanding after speaking to her was if I ever have a balance before my statement closes, it will generate a normal statement in which I have 30 days to pay the balance before the next statement is generated. Otherwise, I would be assessed all kinds of fees if I don't pay the balance. Is this correct? Also, if you have a statement balance with this card, I am assuming it is reported to the credit bureau, but how will that work though if there is no pre-set credit limit? TIA