What is This Bank's Method for Figuring End of Cycle and Payment Date? [on hold]












0














I have a credit card and I cannot figure out the relationship between billing cycles and/or payment dates. I am trying to set up an excel sheet to project out everything but I want it to match up with the statements I get each month and not have to change the dates every single month.



So the closest I seem to have come up with is the fact that you add the next months number of days to the this months end of cycle date to get the next end of cycle date (except the 1st month). When I tried to find a relationship with the previous months end of statement date and the following payment date, it just seemed like the days decreased by 1 every month.



The below info is straight off the statements:



So I made some initial purchases:



Original Purchase Date (1): 9/9/18



End of Cycle (E.C) # 1: 9/14/18 (29 days in Billing Cycle(B.C.))



[Payment was not required this month.]



Then I made another purchase (and payments began):



Original Purchase Date (2): 10/4/18



E.C # 2: 10/16/18 (32 days in B.C.)



Payment Day (1): 10/8/18



No additional purchases:



E.C. # 3: 11/15/18 (30 days in B.C.)



Payment Day (2): 11/8/18



E.C. # 4: 12/16/18 (31 days in B.C)



Payment Day (3): 12/7/18



Thank you so much for the help!










share|cite|improve this question













put on hold as off-topic by Math1000, Lord Shark the Unknown, Lord_Farin, Cesareo, user91500 2 days ago


This question appears to be off-topic. The users who voted to close gave this specific reason:


  • "This question is not about mathematics, within the scope defined in the help center." – Math1000, Lord Shark the Unknown, Lord_Farin, Cesareo

If this question can be reworded to fit the rules in the help center, please edit the question.


















    0














    I have a credit card and I cannot figure out the relationship between billing cycles and/or payment dates. I am trying to set up an excel sheet to project out everything but I want it to match up with the statements I get each month and not have to change the dates every single month.



    So the closest I seem to have come up with is the fact that you add the next months number of days to the this months end of cycle date to get the next end of cycle date (except the 1st month). When I tried to find a relationship with the previous months end of statement date and the following payment date, it just seemed like the days decreased by 1 every month.



    The below info is straight off the statements:



    So I made some initial purchases:



    Original Purchase Date (1): 9/9/18



    End of Cycle (E.C) # 1: 9/14/18 (29 days in Billing Cycle(B.C.))



    [Payment was not required this month.]



    Then I made another purchase (and payments began):



    Original Purchase Date (2): 10/4/18



    E.C # 2: 10/16/18 (32 days in B.C.)



    Payment Day (1): 10/8/18



    No additional purchases:



    E.C. # 3: 11/15/18 (30 days in B.C.)



    Payment Day (2): 11/8/18



    E.C. # 4: 12/16/18 (31 days in B.C)



    Payment Day (3): 12/7/18



    Thank you so much for the help!










    share|cite|improve this question













    put on hold as off-topic by Math1000, Lord Shark the Unknown, Lord_Farin, Cesareo, user91500 2 days ago


    This question appears to be off-topic. The users who voted to close gave this specific reason:


    • "This question is not about mathematics, within the scope defined in the help center." – Math1000, Lord Shark the Unknown, Lord_Farin, Cesareo

    If this question can be reworded to fit the rules in the help center, please edit the question.
















      0












      0








      0







      I have a credit card and I cannot figure out the relationship between billing cycles and/or payment dates. I am trying to set up an excel sheet to project out everything but I want it to match up with the statements I get each month and not have to change the dates every single month.



      So the closest I seem to have come up with is the fact that you add the next months number of days to the this months end of cycle date to get the next end of cycle date (except the 1st month). When I tried to find a relationship with the previous months end of statement date and the following payment date, it just seemed like the days decreased by 1 every month.



      The below info is straight off the statements:



      So I made some initial purchases:



      Original Purchase Date (1): 9/9/18



      End of Cycle (E.C) # 1: 9/14/18 (29 days in Billing Cycle(B.C.))



      [Payment was not required this month.]



      Then I made another purchase (and payments began):



      Original Purchase Date (2): 10/4/18



      E.C # 2: 10/16/18 (32 days in B.C.)



      Payment Day (1): 10/8/18



      No additional purchases:



      E.C. # 3: 11/15/18 (30 days in B.C.)



      Payment Day (2): 11/8/18



      E.C. # 4: 12/16/18 (31 days in B.C)



      Payment Day (3): 12/7/18



      Thank you so much for the help!










      share|cite|improve this question













      I have a credit card and I cannot figure out the relationship between billing cycles and/or payment dates. I am trying to set up an excel sheet to project out everything but I want it to match up with the statements I get each month and not have to change the dates every single month.



      So the closest I seem to have come up with is the fact that you add the next months number of days to the this months end of cycle date to get the next end of cycle date (except the 1st month). When I tried to find a relationship with the previous months end of statement date and the following payment date, it just seemed like the days decreased by 1 every month.



      The below info is straight off the statements:



      So I made some initial purchases:



      Original Purchase Date (1): 9/9/18



      End of Cycle (E.C) # 1: 9/14/18 (29 days in Billing Cycle(B.C.))



      [Payment was not required this month.]



      Then I made another purchase (and payments began):



      Original Purchase Date (2): 10/4/18



      E.C # 2: 10/16/18 (32 days in B.C.)



      Payment Day (1): 10/8/18



      No additional purchases:



      E.C. # 3: 11/15/18 (30 days in B.C.)



      Payment Day (2): 11/8/18



      E.C. # 4: 12/16/18 (31 days in B.C)



      Payment Day (3): 12/7/18



      Thank you so much for the help!







      finance






      share|cite|improve this question













      share|cite|improve this question











      share|cite|improve this question




      share|cite|improve this question










      asked Dec 26 at 0:29









      intwarrior

      103




      103




      put on hold as off-topic by Math1000, Lord Shark the Unknown, Lord_Farin, Cesareo, user91500 2 days ago


      This question appears to be off-topic. The users who voted to close gave this specific reason:


      • "This question is not about mathematics, within the scope defined in the help center." – Math1000, Lord Shark the Unknown, Lord_Farin, Cesareo

      If this question can be reworded to fit the rules in the help center, please edit the question.




      put on hold as off-topic by Math1000, Lord Shark the Unknown, Lord_Farin, Cesareo, user91500 2 days ago


      This question appears to be off-topic. The users who voted to close gave this specific reason:


      • "This question is not about mathematics, within the scope defined in the help center." – Math1000, Lord Shark the Unknown, Lord_Farin, Cesareo

      If this question can be reworded to fit the rules in the help center, please edit the question.



























          active

          oldest

          votes






















          active

          oldest

          votes













          active

          oldest

          votes









          active

          oldest

          votes






          active

          oldest

          votes

          Popular posts from this blog

          Questions related to Moebius Transform of Characteristic Function of the Primes

          List of scandals in India

          Can not write log (Is /dev/pts mounted?) - openpty in Ubuntu-on-Windows?