topic Re: How do you know when AMEX reports? in General Credit Topics

How do you know when AMEX reports?

Zenway — Fri, 02 Apr 2021 04:37:52 GMT

A little new at this have a new Amex blue cash- want to use for some large purchases I have coming up and pay off right away. Just trying to figure out timing so it's not showing high usage when reporting and accidentally pull down my credit score. Have had the card one month and not used it yet. Thank you!

Re: How do you know when AMEX reports?

dragontears — Fri, 02 Apr 2021 04:41:40 GMT

@Zenway wrote:
A little new at this have a new Amex blue cash- want to use for some large purchases I have coming up and pay off right away. Just trying to figure out timing so it's not showing high usage when reporting and accidentally pull down my credit score. Have had the card one month and not used it yet. Thank you!

Whatever is your statement balance is what will be reported (Amex generally starts reporting for the first time after the 2nd statement).

Re: How do you know when AMEX reports?

Zenway — Fri, 02 Apr 2021 04:43:59 GMT

Hank yOu, but I'm trying to figure out when they report. Right now balance is zero. But let's say I charge 1k, I don't want to have that reported as my balance before I pay it off.... assuming pay before due, etc, not carry a balance.

Re: How do you know when AMEX reports?

dragontears — Fri, 02 Apr 2021 04:46:33 GMT

@Zenway wrote:
Hank yOu, but I'm trying to figure out when they report. Right now balance is zero. But let's say I charge 1k, I don't want to have that reported as my balance before I pay it off.... assuming pay before due, etc, not carry a balance.

They report when your statement cuts (reflected on your reports a few days later most of the time) , look at your account.

Re: How do you know when AMEX reports?

Zenway — Fri, 02 Apr 2021 04:51:06 GMT

thank you. I guess I haven't gotten my first statement yet!

Re: How do you know when AMEX reports?

Slabenstein — Fri, 02 Apr 2021 04:55:00 GMT

Amex usually takes a couple of statements to start reporting, so you have a bit of a window before you have to start worrying about util on the card having a scoring impact.

Re: How do you know when AMEX reports?

Brian_Earl_Spilner — Fri, 02 Apr 2021 05:18:40 GMT

Typically, you need to use a card to get a statement.

Re: How do you know when AMEX reports?

pinkandgrey — Fri, 02 Apr 2021 12:27:04 GMT

As others have said, Amex is typically one month/statement behind. Your statement balance is what will get reported, and it will get reported probably a few days after the statement cuts. As long as you pay the purchase off before your statement cut date, your utilization won't be a problem.

Good luck!

Re: How do you know when AMEX reports?

Anonymous — Mon, 05 Apr 2021 05:20:13 GMT

Amex makes it pretty clear if you ever forget when your statement cut date is. Most of the time, I use the mobile phone to log in so that's what I'm going to show in the following pics.

When you log in through your mobile:

1) At the home screen select the statements icon at the very bottom

2) Select transactions and statements

3) The closing date is shown

Re: How do you know when AMEX reports?

4sallypat — Fri, 02 Apr 2021 13:56:20 GMT

Yes, Amex is great at notifying you if you opt into text & email alerts.

I usually pay my Amex before the due date as Amex gets "noisy" about upcoming payment due...

They call it "weekly snapshot"

Re: How do you know when AMEX reports?

cashorcharge — Mon, 05 Apr 2021 05:21:00 GMT

If your account is so new that no statement date is showing online, you can use the Chat Feature (as I did) or call and ask when your official statement close date will be. You'll see here this new account isn't showing a date yet but I called and asked so now I know. After that timeframe of about the 2nd statement as mentioned upthread, they are quick to report the statement balance usually within 48 hours of the statement closing.

Re: How do you know when AMEX reports?

tricie17 — Fri, 02 Apr 2021 20:05:12 GMT

If you have the app, it shows you closing right at the top of transactions. Closing is the date that your total balance will report and thereafter a statement will follow. I would not purchase until after new statement cuts. I hope this helps.