Yeeeey progress!
What device are you using and which version of the app?
Hi Ordog it’s version 6.2.0 on a Pixel 7 but don’t worry about it, I don’t want to waste any more of anyone’s time. I’ll contact support now that I know there’s an issue 
I’ve got another version of this - one with the ‘cycle’ but without the 'Purchases you make…" dialogue:
Maybe that dialogue pops up at a certain point in the cycle? Which would explain all the confusion.
no it doesn’t in some cases - see my post above 
Wow… every day’s a school day. Apologies.
Same platform and build too 
Looking at my screenshot again, I think I’ve figured it out. Mine shows that the last cycle has ended. So there wouldn’t be a need to inform that “Purchases you make before [end of last cycle] will be added to your [upcoming cycle] payment.” - because in my case, it’d be billed instantly during the current cycle.
But I can’t explain why the ‘Cycle’ box isn’t displayed in @nohassles 's screenshot. Unless he’s not (at a user account level) been added to the latest in-app Flex account display?