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The Next Amex CLI

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boston7
Established Member

The Next Amex CLI

I got my first CLI on my Amex/TE at 62 days. My 6 mos won't be up till Jan. We went on a mini vacation to Mackinac Island and ran up about 1900.00. My question is what's the best way to pay it off and look good to Amex, do I stretch it out for 3 or 4mos or pay it off quickly

 

We do use it at Costco at least once a mo. so we will be adding charges to it.  

Message 1 of 4
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pizzadude
Credit Mentor

Re: The Next Amex CLI


@boston7 wrote:

I got my first CLI on my Amex/TE at 62 days. My 6 mos won't be up till Jan. We went on a mini vacation to Mackinac Island and ran up about 1900.00. My question is what's the best way to pay it off and look good to Amex, do I stretch it out for 3 or 4mos or pay it off quickly

 

We do use it at Costco at least once a mo. so we will be adding charges to it.  


Prob better to just pay it off now.

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
Message 2 of 4
Crashem
Valued Contributor

Re: The Next Amex CLI

Pay off a quickly. Amex seems to have charge card mentality.
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Message 3 of 4
Anonymous
Not applicable

Re: The Next Amex CLI

Pay if off as quickly as you can.  There's no need to stretch it out and pay interest if you don't have to.  Amex seems to like paying in full, anyway.

Message 4 of 4
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