AMEX Select and Pay Later/ Pay Over Time

anderl · ‎06-22-2013

Thoughts/Opinions. And.... would this change how my Platinum AMEX Charge reports to CB's(now revolving status?). And if I were to carry a balance of say, 33k for a month (since my Limit to Pay Over Time is 35k), would my cl become 33k or is it a high balance ?

Amex Platinum Charge(NPSL); Starwood Amex Preferred CC(20K CL); Diners Club ELITE MC(20K);Diners Club Premier MC(20K,could've sworn the rep said 25k, oh well lol);Delta Amex Reserve CC(21K CL); Amex PRG Charge(NPSL); United Presidential Plus Chase World Elite MC (15K CL); AARP Chase Visa Signature(35K CL); NFCU Visa Platinum(20K CL) NFCU LOC(15K); NFCU Go Rewards MC(17.5K); Disover IT 7.8K;
First Tech Federal Visa Platinum(15K CL); Simmons First Visa Platinum(9K CL); Wells Fargo Visa Platinum(7.5K CL); CitiBank Sears MC(6K CL); JCPenney Card(7.5K CL); Lowes(2.5K CL);Barclays Mile & More Lufthansa 12.5K.

adavis425 · ‎06-22-2013

That amount would just be reported as the high balance. I'm pretty certain it would not anything internally with AmEx. Your pay-over-time cl would remain the same. POT is just a nice little perk AmEx offers which can come in handy at times. I wouldn't worry.

armbenderc · ‎06-22-2013

I have it on my Amex Green also. It's just a nice perk. Use it if you have to.

2013 Approvals: Discover IT - 3/1, Amex BCE - 3/4, CSP - 5/4, Barclay Ring - 6/12, BoA Privileges Cash - 6/27, Citi TY Preferred - 8/6, OCCU Duck - 11/4, USBank (Cash+) - 11/22, Wells Fargo - 12/21, Nordstrom - 12/29

12/19/2013, $100k+ Available Credit. Total Util: 0-1%