Over the years Alliant has been notable in often requiring income documentation (especially for newer members). Sometimes that can be difficult for self-employed and retired, who receive no regular paycheck.
I dont know how much that still holds true today.
It is early . . . only 6:00 am CT.
But at this hour I am unable to detect any decrease in our savings interest rate . . . or checking either for that matter.
Guess rates still could fall when Alliant folks in Chicago are fully awakened. 
Looks like Alliant dropped to 0.9%.
Oh, swell. They surely did! It was better before they awakened. 
Also it is interesting they left the checking interest rate alone.
Other banks have made the same change, same dollar amounts. I suspect the change is merely matching terms to regulations, not any practical change (except where the higher numbers benefit you).
Ouch that hurts.
That’s what I posted up thread at the beginning of 2020.
Wrong again!
My Alliant Visa Signature account contained a nice reward earlier today. This means my statement must have closed last overnight, on the twelfth of June, not the thirteenth.
How can I, a mere, lowly, member, be expected to keep up with this stuff when Alliant potentates are unable?
I dunno. Anyway, lucky for me I paid up just for the heck of it (what I thought was) a day early, so I don’t owe any interest.
But it was close. And good luck is not a viable substitute for good management.
I’ve been using Alliant as my main account / hub since about 2009, the $25k daily cap on outgoing transfers has been annoying a couple times. Has anyone transitioned to some other bank/CU as a hub or is Alliant still the preferred option with the fast ACH’s?
I assume you mean that you wont have a balance reported on your credit report? Because you have over 3 weeks after the statement cycles to pay off the balance without owing interest.
I’m assuming that the statement date will still be June 13, when it’s printed. Alliant doesnt run a daily batch on Saturdays, so literally nothing could’ve changed had they waited until tonight to close out the statement. Much like when the end of the month is on a Sunday, banks will post the statement after processing the (for example) Friday May 29 batch, but with a May 31 date for the interest posting date and a May 31 statement date.
Yes, it is very annoying. I still like the over nite ACH transfers.
My remedy to help when I need to transfer larger than $25k. Open another Alliant acct, like one for spouse, that gets you extra $25k. Works for me!
I don’t have a spouse, so that doesn’t work. lol.
I continue to use Alliant for a great many ACH money movements. But when I need to move over $25k, and that happens only infrequently, I rely on PurePoint.
So I guess bottom line you could say I have two hubs . . sort of.
No, I will. I’ve sort of given up, at least for the time being, on Argyll’s rule. It remains a wise rule, don’t get me wrong. But I’m just worrying less now about my credit score than I did in the past.
How? You start ignoring customer service and start listening to me, because I already told you exactly how they do it, way back in April of '19:
The 8th of next month is a Wednesday, so the closing date this month is 26 days before July 8. That is Friday, June 12.
No, the statement date will be June 12.
Yeah, I wasnt sure about that, and was too lazy to look up my statement from the last time the calendar fell this way. But the principle remains, that there’s nothing posting on Saturday anyways, so there’s no reason they’d wait to cut the statement on Saturday.
Can you clarify your purpose in paying the balance before the statement closes? Because your posts have me all confused, and I suspect I’m not the only one.
Sure. Sorry for any confusion.
In the past, back when I was going in guns blazing with my side hustle, I was fixated on my credit score. If you want the highest possible credit score you adhere to Argyll’s Rule. That rule calls for paying off all card balances before statements close. That way the credit bureaus see a zero CC balance on each of your cards each month. They absolutely LOVE it . . . and they reward you with a high score.
But my guns are no longer blazing as regards my side hustle. I’m less focused on my credit score, and I have a great deal less CC activity, as well. Most of my charges, though not all, go on my Alliant Visa Signature now.
Anyway, since I’m not so worried about my score, I’m carrying a balance now on my Alliant card. I pay it off only just in time to avoid having to pay interest. The Alliant 2.5% rewards still come through just fine each month.
So does this change in payment approach actually have credit score impact? You betcha! The credit bureaus think I’m short money and I have taken as much as a 60 point haircut on one of my scores.
But I don’t care now. My hustle is in semi-retirement. I’m not applying for any new cards. And if I want my score to recover all I have to do is to, once again, follow Argyll’s Rule. But for the time being . . . . I’m good. 
If you’re paying the entire statement balance before the due date, then you’re not carrying a balance. “Carrying a balance” is only when you allow some of the balance to carry over to the next statement.
What you’re saying is you used to pay your balance before the statement closed in order to show zero utilization. Now you’re just paying your card on time.
Agreed. Not early like before.
It seems like a carry to me, I guess, by comparison.
I agree with what Shinobi said here… and will add to it for certain cases. FIs almost always use your credit score AND other things to determine how much credit they will extend you. So… your credit utilization will often get counted twice – once in your credit score and again by an underwriter making a call on what they think of you. Income is a factor that is not in your credit score but is counted by an underwriter.