AMEX Green/Gold question

[SteveUrkel]

hi all, i was wondering, can you carry a balance in the gold charge card with a npsl? i was looking at the card details in the website and the green it says you have to pay in full each month but the gold doesnt.

[myjourney]

NO please don't 

[SteveUrkel]

lol

[CribDuchess]

You may be able to revolve a balance if the Gold card has the Pay Over Time feature.  This feature allows you to revolve a balance.  It is not available to all cardmembers, though.  And the APR can be rather high.  Some folks feel that this is a trap by Amex and that you shouldn't use this option.  I have this feature and I used it once - it was the Sign & Travel option and I bought last minute airline tickets and took a few months to pay them off.  This was about 17 years ago and no adverse action was ever taken against me by Amex.  Of course, YMMV.

[SteveUrkel]

the trap of death i see

[ezdoesit]

I have a recently opened PRG 2 weeks old last week I received a letter that says they will allow me the pay over time feature and that the limit on the pay over time portion is 35k at 15.24% anything over I have to pay at the end of the month.  The reason I bring this up is even though I have the pay over time I would never use it because in my mind what would be the point of getting a Amex charge card if that was my intention I would of just apped for a revolver plus I hear that Amex frowns upon this practice. 

I have other cards that I have of could app for that the lender would care less would I do with the balance as long as it's not late.

I think if that is your intention then you should just app for a revolver.  JMHO

[Anonymous]

The whole point of an AMEX charge card is to pay in full each month.

That feature that allows you to carry a balance not only comes with a relatively high APR, some purchases may NOT qualify as a revolving balance. In my opinion I'd ap for the Delta AMEX gold/platinum if you don't have the disciplin or income to pay in full each month.

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@CarlosC88 wrote:
hi all, i was wondering, can you carry a balance in the gold charge card with a npsl? i was looking at the card details in the website and the green it says you have to pay in full each month but the gold doesnt.

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