what is a credit card close date
Best Answer: Closing date is the stopping point the credit card company uses to generate statements. Transactions before the closing date show on the current statement. Transactions after the closing date show on the next statement and are not due till then. Payments are due on the due date indicated on the statement. Wait for the statement. Paying before the statement could work against you as you won't show utilization when the card does the monthly update to the credit bureaus.
Try for the 15th for the closing date and the 5th for your due date. Most credit card issuers will let you pick your dates, but if you have one that doesnât let you switch then simply switch the dates on the cards to make that one.