My new credit card (American Express Blue) just this week in the mail. Based on what I see online, my card started as of July 17. I looked online and it says that my statement closing date is August 6th.
I plan on putting $100 on the card between now and August 6th. Am I supposed to wait until after the first statement is generated to make a payment? Just want to make sure since I'm also on a 0% offer for 6 months and I know if you miss a payment your offer defaults to the standard APR. Thanks! I also want to pay whatever balance is on it in full.|||When you say putting a $100. do you mean you will purchase something? To make a payment wait until your statement closes which is Aug 6 and then a bill will be generated shortly after that and probably be due in about 3 weeks after the closing date of August 6. Be sure to watch the due date online, just in case you didnt sign up for mailed statements. You can always make a payment in advance of the due date. Just dont be late.|||I'd suggest you listen to what I have to say. DO NOT EVER PAY IN ADVANCE OF YOUR STATEMENT!!! If you "overpay" it hurts your credit score real bad. It's called a "forced credit line increase" and will affect how AE treats you with credit and it affects your FICO. Pay what's on the statement exactly --no rounding up to the next dollar.
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