Reply
Valued Contributor
mjbfan79
Posts: 1,998
Registered: ‎03-31-2008

Amex Payment Question

How many times can you make a payment a month? Also how can i find out when my first statement will cut?


Starting Score 3-31-08: EQ 582 TU 577 EX 625
Current Score 3-19-10: EQ 703 TU 712 EX No Clue
Goal Score: 800 By January Of 2012


Take the FICO Fitness Challenge
Frequent Contributor
crosbyk1
Posts: 485
Registered: ‎02-17-2008

Re: Amex Payment Question

I would say you could make as many payments as you would like. What would be your reason for wanting to make more then one payment? Also remember you can pay over the phone for free.


Starting Score: 744
Current Score: 744
Goal Score: 800


Take the FICO Fitness Challenge
Valued Contributor
mjbfan79
Posts: 1,998
Registered: ‎03-31-2008

Re: Amex Payment Question

Just asking i know most banks have a cut off limit when it comes to payments per month. I would also like to PIF before the statement cuts.


Starting Score 3-31-08: EQ 582 TU 577 EX 625
Current Score 3-19-10: EQ 703 TU 712 EX No Clue
Goal Score: 800 By January Of 2012


Take the FICO Fitness Challenge
Valued Contributor
ngerasimatos
Posts: 1,278
Registered: ‎06-01-2007

Re: Amex Payment Question

On my corp AMEX account I pay it weekly. the total balance I charge on it I pay in full the beginning of the following week. I use the card for everything and anything I can. Trying to load up on rewards. lol

Try not to become a man of success but rather to become a man of value
Albert Einstein 1879 - 1955

700 Club
Established Contributor
Itsmeagain
Posts: 832
Registered: ‎01-16-2008

Re: Amex Payment Question

I believe it's once every three days.


Starting Score: TU 737 EQ 721
Current Score: TU 741 EQ 741
Goal Score: TU 765 EQ 760


Take the FICO Fitness Challenge
Valued Contributor
mjbfan79
Posts: 1,998
Registered: ‎03-31-2008

Re: Amex Payment Question

Thx


Starting Score 3-31-08: EQ 582 TU 577 EX 625
Current Score 3-19-10: EQ 703 TU 712 EX No Clue
Goal Score: 800 By January Of 2012


Take the FICO Fitness Challenge
Moderator Emerita
Community Leader
Epic Contributor
haulingthescoreup
Posts: 28,115
Registered: ‎04-01-2007

Re: Amex Payment Question

[ Edited ]

mjbfan, I like your new avi! :smileywink:

* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
Moderator Emerita
LilMirth
Posts: 3,091
Registered: ‎08-09-2008

Re: Amex Payment Question

Since someone already answered your question, I just thought I'd throw in these Amex observations--

 

If your statement balance is zero, then the Amex pay tool won't let you schedule a payment online until there is a statement balance. I thought that this was just going to be applicable for the first statement, but I've found that this is always the case (Is this the case for everyone else?). It's not a problem at all, because you can push a payment from your bank/credit union's online bill pay. Payments are credited the same day they're received.

 

If you want to see your statement closing date (if you want to make sure that there's no balance reported, for example), you can go to the "Recent Activity" link, scroll to the bottom of the page, and the statement closing date is there.

-------------------------------------------


Friendly, Supportive & Respectful


Understanding Your FICO Score  |  Credit Scoring 101  |  Common Abbreviations  |  FTC: FCRA Links  |  FTC: FDCPA Links  |  Opt-Out  |  State Resources


"However gradual may be the growth of confidence, that of credit requires still more time to arrive at maturity” ~ Benjamin Disraeli

Valued Contributor
mjbfan79
Posts: 1,998
Registered: ‎03-31-2008

Re: Amex Payment Question


LilMirth wrote:

Since someone already answered your question, I just thought I'd throw in these Amex observations--

 

If your statement balance is zero, then the Amex pay tool won't let you schedule a payment online until there is a statement balance. I thought that this was just going to be applicable for the first statement, but I've found that this is always the case (Is this the case for everyone else?). It's not a problem at all, because you can push a payment from your bank/credit union's online bill pay. Payments are credited the same day they're received.

 

If you want to see your statement closing date (if you want to make sure that there's no balance reported, for example), you can go to the "Recent Activity" link, scroll to the bottom of the page, and the statement closing date is there.


Ok I'm a lil confused so i want be able to make a payment until my statement cuts for the first month? I just looked online my closing date is April 18


Starting Score 3-31-08: EQ 582 TU 577 EX 625
Current Score 3-19-10: EQ 703 TU 712 EX No Clue
Goal Score: 800 By January Of 2012


Take the FICO Fitness Challenge
Regular Contributor
jahmal
Posts: 181
Registered: ‎08-13-2008

Re: Amex Payment Question

I do e-statement from Amex and soon as I get the statement I send a payment to cover the min then some.. Then later on I would send another payment all my electronic.


Starting Score: 8/2008 521
Current Score: 734
Highest Ever: 4/2009 759
Goal Score: 760+

Take the FICO Fitness Challenge

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+