Do American Express Gold cards have to pay the balance due each month or do they make payments?

Answer 1

Payment in full everymonth.

Generally due 15 days after close of cycle, which ends up being about 7 days after you get the bill.

But, they will not assess finance charges, or close your account, as long as your bill is paid in full before the close of the next billing cycle, so you truly have about 30 days.

For those with great credit, they offer "Open" financing which will act like a revolving credit card for some purchases, if I remember correctly it is those above $200 (one purchase).

Answer 2

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Answer 3

Pay in full about 10 days.
Travel related charges can be made in payments as per their agreement.

Cards should be considered a form of payment for goods
"In lieu of carrying cash". Not as a revolving credit account.

Answer 4

American Express requires full payment upon receipt of the bill (not even a grace period). Their "Blue" card is a revolving credit card.

Answer 5

Terms are payment in full, however Amex accounts do allow for payment in certain cases. Read the terms and conditions statement of your account as well as call the account services reps and talk to them about your situation.

Answer 6

Pay the balance each month

Answer 7

Pay it off each month plus an annual fee.