Just to clear up one thing so that it never bites you, with American Express your due date will always be the same day, however your statement closing date will change at times. You will always have at least 25 days between statement date and due date, however. All of my Amex accounts are set for due dates on the 27th so that the statements would all close on the 2nd. For years that held true until 01 NOV, when all of my cards strangely closed on the 1st of the month. (That hurt me because I had reached the $30,000 spending on Delta Reserve to get the Mileage Boost to move me up from Gold Medallion to Platinum Medallion. I had pending charges that finalized on the 2nd, but a $3 credit for Lowe's on an Amex Offer caused me to be at $29,999 year-to-date spend when the statement closed a day early and I had to wait a whole month for the next statement to get the MQM and SkyMiles bonus.)
Fortunately, Amex puts your statement closing date in several conspicuous spots so you'll always see it as long as you are actually looking for it. As already stated, Amex will only report the statement balance to the credit bureaus. I have been getting alerts all day about my accounts posting, so 3 days later seems to be when it gets updated with the bureaus for me. It is very rare for American Express cards to ever show up on your credit reports prior to the second statement closing.
@K-in-Boston wrote:Just to clear up one thing so that it never bites you, with American Express your due date will always be the same day, however your statement closing date will change at times. You will always have at least 25 days between statement date and due date, however. All of my Amex accounts are set for due dates on the 27th so that the statements would all close on the 2nd. For years that held true until 01 NOV, when all of my cards strangely closed on the 1st of the month. (That hurt me because I had reached the $30,000 spending on Delta Reserve to get the Mileage Boost to move me up from Gold Medallion to Platinum Medallion. I had pending charges that finalized on the 2nd, but a $3 credit for Lowe's on an Amex Offer caused me to be at $29,999 year-to-date spend when the statement closed a day early and I had to wait a whole month for the next statement to get the MQM and SkyMiles bonus.)
Fortunately, Amex puts your statement closing date in several conspicuous spots so you'll always see it as long as you are actually looking for it. As already stated, Amex will only report the statement balance to the credit bureaus. I have been getting alerts all day about my accounts posting, so 3 days later seems to be when it gets updated with the bureaus for me. It is very rare for American Express cards to ever show up on your credit reports prior to the second statement closing.
I thought you were gonna do amex statement math for them.
@Anonymous wrote:
Hello all,
I recently was approved for a Delta Amex and my billing cycle is from the 12th and closes on the 13th of every month. I would like to make sure my Credit utilization percentage is low. What date does AMEX report your balance to the Big 3. Do they report the first balance of my first billing cycle or will it take longer.
Thank You for your help 😊
They will report the statement balance. They usually wait around a month to report a new account.
