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Senior Contributor
Posts: 6,279
Registered: ‎08-16-2012
0

Use Amex BCE to pay tuition?

I have a tuition bill due in a few weeks. I was going to just pay from checking. However, I would like to pay w my BCE, which has a high enough cl. I would prob charge and pay it before Amex would even be able to report it on my CR.
does Amex frown on this? I dont think there are any fees that my school charges, and i'd get 1% back on it lol
Any one have experience? I certainly dont need to get myself a FR.
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| BOA Better Bal $17.5k |Wmt Discover $12.5k | BR Visa $17.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Smile Gen $7.25k | Dillard's $10k | West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Super Contributor
Posts: 13,645
Registered: ‎04-22-2013
0

Re: Use Amex BCE to pay tuition?


youngandcreditwrthy wrote:
I have a tuition bill due in a few weeks. I was going to just pay from checking. However, I would like to pay w my BCE, which has a high enough cl. I would prob charge and pay it before Amex would even be able to report it on my CR.
does Amex frown on this? I dont think there are any fees that my school charges, and i'd get 1% back on it lol
Any one have experience? I certainly dont need to get myself a FR.

Don't see why, it's nothing funky, just a normal purchase.

 

Just confirm that the school really doesn't charge fees for credit card use (or particularly Amex use) and get the 1% off  (is that your best reward though?).  Wish my daughters institution accepted credit cards!

Frequent Contributor
Posts: 374
Registered: ‎02-10-2013
0

Re: Use Amex BCE to pay tuition?

^ +1
As of 1/10/2014 EX FICO - 748. EQ FICO - 728. Trans FICO - 755

WellsFargo - $3,000 AMEX BCE - $18,000 Chase Freedom - $4,000



Senior Contributor
Posts: 6,279
Registered: ‎08-16-2012
0

Re: Use Amex BCE to pay tuition?

Well... I didnt see anywhere that they charge a fee when I went to the school's site to pretend I was going to make a payment lol
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| BOA Better Bal $17.5k |Wmt Discover $12.5k | BR Visa $17.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Smile Gen $7.25k | Dillard's $10k | West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Moderator Emerita
Posts: 27,204
Registered: ‎09-13-2012
0

Re: Use Amex BCE to pay tuition?

Exactly. I've had to charge tuition for my kids on my Amex.

So glad that's over! Smiley Sad
Senior Contributor
Posts: 6,279
Registered: ‎08-16-2012
0

Re: Use Amex BCE to pay tuition?

Were you scared of FR lex?
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| BOA Better Bal $17.5k |Wmt Discover $12.5k | BR Visa $17.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Smile Gen $7.25k | Dillard's $10k | West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Moderator Emerita
Posts: 27,204
Registered: ‎09-13-2012
0

Re: Use Amex BCE to pay tuition?

[ Edited ]
Super Contributor
Posts: 7,132
Registered: ‎02-27-2013
0

Re: Use Amex BCE to pay tuition?

Nothing to worry about. You can even let the balance report to show usage and pay it off right after that.
JPMorgan Palladium (100k), AmEx Platinum (NPSL), AmEx SPG (46k), AmEx BCP (42k), Chase Sapphire Preferred (47k), Citi Prestige (31k), Citi Thank You Preferred (27k), Citi Executive AAdvantage (25k), JPMorgan Ritz-Carlton (21k), Merrill+ (15k), US Bank Cash+ (22.5k), Wells Fargo (12k), Bloomingdale’s (12.4k), Chase Freedom (5k), Discover IT (5k).
Valued Contributor
Posts: 1,507
Registered: ‎09-14-2012
0

Re: Use Amex BCE to pay tuition?

Not sure why they would FR over tuition payment.  You should be just fine.

Never take credit personally

NFCU cashRewards $25,000; BofA Business Cash Rewards $20,000; Amex Business Platinum; Chase Sapphire Preferred $24,200; Chase Marriott $20,000; Discover It $18,600; Citi DC $12,900; Capital One Venture $15,000; Penfed Platinum Sig $5,000; Barclay Arrival Plus WEMC $15,000; Barclays Hawaiian Air Biz $20,000; US Bank PLOC Overdraft $1,500; PenFed PLOC $20,000

Super Contributor
Posts: 13,645
Registered: ‎04-22-2013
0

Re: Use Amex BCE to pay tuition?


youngandcreditwrthy wrote:
Well... I didnt see anywhere that they charge a fee when I went to the school's site to pretend I was going to make a payment lol

That's good.  No credit cards accepted at all at my daughter's school, just check, ACH, or installment plan via ACH (for which they charge $75 instead of interest).  Since the fee is ~ $60K per child per year, even a 1% rebate would be great!

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