KayMD wrote:
I have a American Express ZYNC card.
To date, I have always paid the balance due in full
on (or before) the date on the payment stub
labeled "PLEASE PAY BY:"
I spoke with a CSR today at AMEX who informed me that
the "Please pay by" date is not the real "due date"
..that I really had until the day before my next billing
cycle ended to pay in full and avoid any charges.
In my case the dates are something like this:
The "please pay by" date is 05/26/11
The day before my next billing cycle ends is 06/26/11.
Is this correct?
Can someone tell me the real scoop on AMEX payment dates?
I never heard that before. I always paid before or no later than the "Pay by Date" - I would be careful if I were you - the csr may be wrong. Usually the date on the statement is the due date. My amex is a charge card so I'm not sure if the same goes for the Zync card. You may want to ask to speak to account manager.
