Gamma wrote:Totally off topic question, why did you do only a $1.00 bill payment to AT&T? lol
Was just trying to see what information would it have when posted for Discover (merchant category, etc.). I mainly used Chase/Amex to pay AT&T bills, not Discover (though the plan has been changed to prepaid now, so no more phone bills; I go to grocery stores and buy prepaid phone reload cards nowadays).
I'm sure they would. Chase was also like Discover giving small balance credit only if the amount was $0.99 or less. They recently changed it to charge for any statement balance now.
Full thread dedicated on this topic on Fatwallet HERE
Yeah that's pretty much my concern. Any business seeing exploits will take measures to make up for it.
From what I see, Chase might have stopped mid-cycle credit reporting when you make a payment since this year. Maybe each time reporting to bureaus will cost them money, and they might have seen some people making too many payments each month. However, I will keep monitoring my credit reports and see if there is still off-cycle reporting later.
For the small balance credit, that's just one of the most direct ways to lose money. Pretty self-explanatory. Chase may have been fed up with those one-free-mp3-music-at-Amazon-each-month customers (especially when the Freedom gives 5% at Amazon).