American Express

[MagnumsizeWVU]

one of my friends said that with American Express you have to pay the full balance every month..is that true?..or is it like every other credit card where u can just pay minimums or whatever u want

 

[Conky]

Yep, gotta pay it off in full every month for the regular card.

 

[Zee]

Originally posted by: Conky
Yep, gotta pay it off in full every month for the regular card.

for the regular card yup

 

[MagnumsizeWVU]

its the "blue" tho...does it make a difference?

 

[BrunoPuntzJones]

Blue is a traditional credit card

 

[MagnumsizeWVU]

****** so i should just cancel my card as soon as I get it then..i didnt know it had to be paid in full every month

 

[SarcasticDwarf]

Originally posted by: MagnumsizeWVU
****** so i should just cancel my card as soon as I get it then..i didnt know it had to be paid in full every month

I would suggest you cancel all cards as apparently you are too stupid to own one.

 

[DaWhim]

it is the american express charge card

 

[Wapp]

Originally posted by: SarcasticDwarf

Originally posted by: MagnumsizeWVU
****** so i should just cancel my card as soon as I get it then..i didnt know it had to be paid in full every month

I would suggest you cancel all cards as apparently you are too stupid to own one.

:thumbsup:

 

[George P Burdell]

Originally posted by: MagnumsizeWVU
its the "blue" tho...does it make a difference?

You don;t have to pay your balance off with blue.

 

[Greenman]

Having a balance on any card is foolish. The CC company's are looking for reasons to screw you, and sooner or later they will find one.

 

[RossMAN]

Originally posted by: MagnumsizeWVU
****** so i should just cancel my card as soon as I get it then..i didnt know it had to be paid in full every month

Amex Blue is a traditional credit card, which means you DO NOT have to payoff your balance in full. You can carry a balance as long as you make a minimum payment and the interest which accrues.

Your friend was telling you about their "charge cards".