Credit Cards Center Credit cards from our partners
Moderator Emerita
Posts: 28,098
Registered: ‎04-01-2007

Re: Interesting about AMEX lates...

If a due date appears to be "before" the statement date, it's because it's the due date for the balance on the previous statement.


So statement date on Sept 5, due date Sept 30, statement date Oct 5 <-- that Sept 30 due date is for whatever was on your Sept 5 statement.


The October 5 statement will include whatever you didn't pay that you owed on the Sept 5 statement, plus any charges that have posted since the Sept 5 statement dropped.

* 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
Posts: 120
Registered: ‎08-26-2011

Re: Interesting about AMEX lates...

Well, I agree....I normally wouldn't have let a $25 balance be reported...but they snuck the AF for my first ZYNC statement of $25 right before the statement cut, I previously had a balance of 0 a couple days before the statement cut, and then bam, I get an email saying my statement is ready and $25 will be due by Oct yeah that's how that happened, they just posted it right there on the last day...normally I'd prefer to always have 0 report at statement date, and have 0 due on "payment due date" yes if you do play this game, you pretty much make up your own payment date I suppose.

10/18/11 EXP - 719 FICO (BofA Pull)
9/19/11 EQ - 707 Fako
9/19/11 TU - 707 Fako

BoA Accel Rewards Amex, Chase Sapphire Preferred, CITI Aadvantage Select Amex, AMEX Zync, Discover More, Cap 1 Plat, PayPal Extras MC, Sears MC
Established Contributor
Posts: 992
Registered: ‎05-14-2008

Re: Interesting about AMEX lates...

In the future save yourself this hassle and just direct AMEX to draft the PIF amount from your selected checking account.  It'll come out on the due date and alleviates you having to remember a date.  Have never had a problem with this situation, and you always get a notice from AMEX as to when the payment will come out and the contact information if you have any dispute with the total that will come out of your checking account.  I know some people don't like giving companies authority to draft payments from your account but people do this all the time with mortgage and life insurance payments with no problems.

Senior Contributor
Posts: 3,741
Registered: ‎01-10-2008

Re: Interesting about AMEX lates...

networkguy wrote:

score_building wrote:

networkguy wrote:

The pay by date online is NOT your actual payment due date. Your due date is usually one day before your closing date.

Folklore?  Had heard something like this before but when I posted a thread about it, the overall consensus was the due is the date.

Call Amex and ask instead of reading what people think. When I talked to them 8 or 9 months ago about this very issue, it is what they told me. My statement closes on the 27th, by "due date" is the 13th of the next month, but have until the 26th to pay before its considered late. Its not folklore.

Thanks for the reply, it sounds like they give a grace period up until the day before the end of the statement period but I'm not going to test it out. It was the conflicting info received when calling Amex that led me to try for some f/b at the forum.  


In any case, generally pay off all cc at least 10 days before the due date for my own peace of mind but like to know about any issuer specific variance with respect to lateness and reporting.  IIRC a few of my CU have indicated they generally give anywhere from a 3 to10 day grace period before charging a late fee. 

EQ (DCU, Citi, PenFed)
EX (Amex, Chase, PSECU)
TU (Barclays, Discover, Walmart)
Senior Contributor
Posts: 3,528
Registered: ‎01-19-2009

Re: Interesting about AMEX lates...

ArisGreek wrote:

So I just logged in to AMEX and went to schedule my payment for my JetBlue AMEX only to find that it was due on 10/4 not 10/7!!! I've never made this mistake EVER. So I frantically called AMEX. The rep said, "Oh don't worry sir, we do not report until 120 days so AMEX is a bit generous in that respect. We will waive your late fee, take a payment over the phone, and I will assure you no penalty APR will affect you at all." I'm like, "really? You guys rock!" She continued on saying, "Not to worry, it happens once in a while and since you've been with us for almost 4 years, always pay in full for the most part, and have multiple products with us we are more than happy to assist you." 


This makes me feel good. Phew Smiley Happy

Just to point out even if companies do charge you a late fee they  dont start reporting it to credit bureaus unless min of 30 days late, but I guess it could affect you internally, I know you said 120 days, but what I am saying any creit card will not report something 5 days late

Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.