Should I take advantage my 0% APR to my AMEX BCE?

[Anonymous]

It will end on March 2016, I currently have $18,000 limit. what do you think? Like I'll just pay a bit more than minimum payment?

[Anonymous]

Absolutely, why not? As long as you pay more than the minimum on time every month you shouldn't have a problem. People carry balances all the time on Amex cards and don't run into any issues.

[Anonymous]

Getting a 0% APR card and then NOT taking advantage of that is giving away free money. As long as you pay it off by the end of the 0% APR, of course.

I'm carrying about 60% of the CL on my AMEX BCE.

[OmarGB9]

Sure take advantage of the 0%. Though I do recommend paying more than just "a little bit more than the minimum payment." IMO, if you can, I'd say at least double the minimum.

[kdm31091]

The same question is basically asked every week as far as carrying a balance on Amex and/or using a 0% period. Yes, it's fine. Don't max out your card and don't pay the minimums which is true across all creditors. You don't want to appear like you cannot handle credit. Pay more than the minimum -- double ideally -- buy what you need, pay it down over time, that's what the 0% is for.

[takeshi74]

Your call.  If you can pay it off by the time the offer expires then you could certainly make use of it.

The minimum doesn't matter aside from being the requirement for keeping your account current.

Keep an eye on your utilization.

[Anonymous]

Yes, because I'm planning to go for vacation and I won't be having paycheck that time. So I might put my bills to my AMEX BCE and pay it when I get back from vacation?

[OmarGB9]

Yea absolutely that why they offer that promo. Just don't max out the card, don't miss any payments and try to pay more than the minimum