Author Topic: Amex extended payment option on the charge card  (Read 25309 times)

Offline MasterAmex

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Re: Amex extended payment option on the charge card
« Reply #100 on: August 22, 2018, 03:38:33 PM »
This is one of Amex best strategies.
A charge card that is paid late, no matter how much money you owe them all they charge is a late fee as apposed to Credit cards that charges interest and can be way more then the late fee
They offer this feature to ppl that have a good payment history as a "Courtesy", and then they rake in the interest
Never let them it apply it to your account!! even if they offer you 10k points (there is a reason why they want you to opt in)


Offline keepsmiling123

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Re: Amex extended payment option on the charge card
« Reply #101 on: August 22, 2018, 03:50:07 PM »
This is one of Amex best strategies.
A charge card that is paid late, no matter how much money you owe them all they charge is a late fee as apposed to Credit cards that charges interest and can be way more then the late fee
They offer this feature to ppl that have a good payment history as a "Courtesy", and then they rake in the interest
Never let them it apply it to your account!! even if they offer you 10k points (there is a reason why they want you to opt in)

pay statement balance in full and u wont get interest. worth the 10k

Offline B.D.Da'ehu

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Re: Amex extended payment option on the charge card
« Reply #102 on: August 22, 2018, 04:02:15 PM »
This is one of Amex best strategies.
A charge card that is paid late, no matter how much money you owe them all they charge is a late fee as apposed to Credit cards that charges interest and can be way more then the late fee
They offer this feature to ppl that have a good payment history as a "Courtesy", and then they rake in the interest
Never let them it apply it to your account!! even if they offer you 10k points (there is a reason why they want you to opt in)
Of course take the 10k. Then just chat to opt out.

Offline MasterAmex

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Re: Amex extended payment option on the charge card
« Reply #103 on: August 23, 2018, 01:19:31 PM »
pay statement balance in full and u wont get interest. worth the 10k
well, mistakes happen and thats exactly what Amex wants it should happen.