Which credit cards will cancel your bill if it is small?

walletfart said: While interesting, is it really worth spending time on $1.99/month with Discover? You'd have to be aware of the small amount, and verify your statement for the credit.(#ofchasecards + #ofdiscovercards) * $1.99 adds up. Do this 12 times year and you could be a millionaire in 8,192 years even without interest.

Chase billed me for $1.64 on a Cash Plus Rewards.

Chase Perfect, Chase Freedom and Chase Amazon Rewards all billed at $1.99 on or after 11/15/08. Chase United Mileage Plus was my last Chase card not to bill for $1.99 on 11/3/08. There must have been a policy change between the 3rd and the 15th.

cure said: A new date point is that Chase Sony, after cancelling $1.99 for months, just billed for it. Anyone else seeing the same?

Why yes, I did. I even mentioned it in the thread I started on 11/17 called "Chase billed me for $1.99".

I'm sorry to hear they billed under 1.99 because I tried to schedule payments under 1.99 and Chase wouldn't take it, thought maybe 1.98 might work.

While interesting, is it really worth spending time on $1.99/month with Discover? You'd have to be aware of the small amount, and verify your statement for the credit.

Yes indeed, it was/is for me. What is the cutoff point in your mind for spitting on free money? I've started throwing away pennies in change, so I guess mine is $0.04. In my thread someone asked much the same question, and I calculated that it's about $225/hr after taxes. Wow, it's so much effort to open a new tab while I'm doing other stuff and have roboform log me in...

My concern is if the charge doesn't vanish by the time you get your second (or third) bill with the few cents still showing, that a credit card issuer might not only ding you with a late fee, but will report you past due to the credit bureaus. Is that worth it just to save some pocket change?

burgerwars said: My concern is if the charge doesn't vanish by the time you get your second (or third) bill with the few cents still showing, that a credit card issuer might not only ding you with a late fee, but will report you past due to the credit bureaus. Is that worth it just to save some pocket change?

So pay when your billed and no worries. Why is that more of a problem with a balance of 1.99 rather than 19,999.99? Anyway, you'd get a late fee if you didn't pay by the due date, it wouldn't slide until the second or third billing. Really, it only requires an IQ of about 80, perhaps even less, to pay your bills on time.

Thanks to OP for creating a new thread.

Chase billed @ $1.20

Not recent but from old thread ...
HSBC/Orchard billed @ $.92

Just received my Chase Sony card bill and they billed me at 1.99$. There goes my 240$/ year . Hopefully discover will continue the trend. At least I can make 120$/ year

My 11/24 Chase Sony Card statement billed me for $1.18.

You guys give chisler a new meaning

Economist said: Concur about chase LaSalle MC billed $1.99 for the first time on November statement. A Sony card also billed $1.99. Will try 0.99 next - see if that's the new $1.99. I also wonder if switching paper statements back on would have any effect.

No. It won't have any effect. I have paper statements for all my cards.

re: chase

11/25/2008 $0.99 credit adjustment (paper statement)

I guess 99 cents is better than nothing...

You're off. You charge $20, and pay $19 BEFORE the statement cuts, then they zero it out and don't ask you for anything (for reasons unknown to us). You always pay what they ask you to pay.

diljs said: Don't think $0.99 is worth the effort if that's the new number.If 99 cents is the new number, I will be charging $1.00 to my cards monthly and paperless statements will be off. Better yet, I will pay $1.01 after I get my bill for $1.00 so they will then send me another statement for the subsequent month. This way, I only have to use the card once every two months.

Chase billed for $1.99 on each of 3 cards on their 11/28 statements. Will try $.99 for next month (it takes less than a minute to process each charge, and will still net $36/year for less than 1/2 hour time investment)

I had $1.11 balance and $1.01 rewards (Cash Back) pending from the previous billing period. I got:
11/28 CREDIT ADJUSTMENT 0.10

Quoting above post:"BTW, in November, all my Chase cards were billed for small balance. I guess I can't game the system no more"
Were the small balances LessThan $1 or between $1 7 $1.99?

Chase billed me for $1.00

zjts said: Quoting above post:"BTW, in November, all my Chase cards were billed for small balance. I guess I can't game the system no more"
Were the small balances LessThan $1 or between $1 7 $1.99?
They were all more than $1.00. I am guessing Chase had fixed their system not to automatically adjust the accounts.

Not sure what day the "new" system went into effect though, since there were few still getting credit adjustment in late November.