Do credit cards consider calendar year spending to end at your last statement of the year or on December 31st? My last statement is December 17th.. but I made a purchase on December 31st to get over my spend threshold. But that statement doesn't close until January 17th. Should the December 31st purchase count toward 2018?

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Posted by hiltacular

NYC

Member since Jan 2011

19708 posts

Posted on 1/2/19 at 3:26 pm to The Boat

quote:
Do credit cards consider calendar year spending to end at your last statement of the year or on December 31st? My last statement is December 17th.. but I made a purchase on December 31st to get over my spend threshold. But that statement doesn't close until January 17th. Should the December 31st purchase count toward 2018?

What card? It really depends, if it is a signup offer along the lines of "spend $5k annually to receive 30,000 bonus points", that should be 12 months from signup ie not a calendar year.

However, cards like the Delta Amex's bonus are for calendar years... ie you have to spend $25,000 between 1/1-12/31 to reach the bonus points. If you signup for the card on 6/1 as an example, you only have from 6/1-12/1 to reach $25,000 spend for the card.

HTH

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Posted by Sho Nuff

Oahu

Member since Feb 2009

11972 posts

Posted on 1/2/19 at 9:34 pm to The Boat

quote:
Should the December 31st purchase count toward 2018?

It depends on what you're talking about. A credit or just a date to spend something by? Example, for SW CP people will get the card in Dec so they can get the CP early in Jan but you don't put spend on it until the Dec statement is already done. So using your dates, someone getting the SW card would want to start spending Dec 18th and on and that would count towards January statement in 2019.

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