topic Re: Amex statement closing questions in Credit Cards

Amex statement closing questions

jcooks — Fri, 18 Jun 2021 15:24:16 GMT

My Amex Gold statement closing date is 16th. I applied for my 2nd Amex card on May 27th and instantly approved. I just paid my balance on my Gold the day after statement was cut yesterday. Late last night, I get an email that my 2nd Amex card statement is ready. I was mind boggled because I got the card about 2 weeks prior. The 2nd statement closing date is up until July 16th, so at least that gives me a month from then. My question, does Amex always set the same closing date on all of your cards?

Re: Amex statement closing questions

FinStar — Fri, 18 Jun 2021 15:32:25 GMT

No, AmEx statement cycle dates are variable and not necessarily dependent on when you were approved. Some can cut early while others may take a bit to generate. That said, I have multiple AmEx CCs, and save for a couple accounts, all have different statement cycle dates.

Re: Amex statement closing questions

jcooks — Fri, 18 Jun 2021 15:34:08 GMT

Copy. Just had to ask as I only have these 2 and coincidentally have the same closing date, even thought they were obtained different days of the month. Thank you.

Re: Amex statement closing questions

Anonymous — Fri, 18 Jun 2021 15:35:47 GMT

@jcooks wrote:
My Amex Gold statement closing date is 16th. I applied for my 2nd Amex card on May 27th and instantly approved. I just paid my balance on my Gold the day after statement was cut yesterday. Late last night, I get an email that my 2nd Amex card statement is ready. I was mind boggled because I got the card about 2 weeks prior. The 2nd statement closing date is up until July 16th, so at least that gives me a month from then. My question, does Amex always set the same closing date on all of your cards?

No. Its just a coincidence based on the date you applied for the second card and the closing date picked by Amex's computer.

I have four Amex cards and they all have different closing dates. You can always call them and ask to move the Closing Date for one of the cards if its a problem for you.

You also should be aware that Amex personal cards have variable closing dates and they don't close on the same day each month. Instead Amex gives a 25-day float period between Closing Date and Due Date. Because the lengths of months vary, the Closing and Due Dates also move around a bit.

Re: Amex statement closing questions

SoCalGardener — Fri, 18 Jun 2021 18:22:57 GMT

I know this isn't what you're asking, but just in case it's useful: you can ask for a different date. I did that with Amex and Capital One, because I wanted all cards from each bank to have the same billing cycles/due dates.

Re: Amex statement closing questions

HeavenOhio — Fri, 18 Jun 2021 18:58:29 GMT

You'll likely be requesting a different due date rather than a different statement date. Due dates remain the same from month to month. As mentioned, statement dates can move around by a day or two.

Re: Amex statement closing questions

FieryDance — Sat, 19 Jun 2021 02:34:51 GMT

No. Often the approval date is the statement closing date but not always.

Though I wish they did because that's the way I like. I have tried chatting at least 3 times to adjust one of my newer cards but every rep managed to get it wrong.