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Amex Payment Question

Valued Contributor

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?


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Message 1 of 11
10 REPLIES
Frequent Contributor

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.


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Message 2 of 11
Valued Contributor

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


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Message 3 of 11
Valued Contributor

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

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Message 4 of 11
Established Contributor

Re: Amex Payment Question

I believe it's once every three days.


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Message 5 of 11
Valued Contributor

Re: Amex Payment Question

Thx


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Current Score 3-19-10: EQ 703 TU 712 EX No Clue
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Message 6 of 11
Moderator Emerita

Re: Amex Payment Question

mjbfan, I like your new avi! Smiley Wink

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Message 7 of 11
Moderator Emerita

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.

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Message 8 of 11
Valued Contributor

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


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Message 9 of 11
Regular Contributor

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.


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Message 10 of 11