Question about AMEX Gold: Charge Card?

[CarpeDeo]

Hello- Quick question about AMEX Gold cards . . . .these are charge cards, right? That means that I need to pay the full balance every month for the bill? Is that how it works? What happens if you don't make a payment?

 

[kranky]

Pay in full every month: yes.

I don't know what happens if you don't make a payment.

 

[txgixer]

amex gets pretty pissed

- reports you to the credit bureau
- starts hounding the phone number you have on the account
- and will disable your account . . . . . .

 

[Ameesh]

yes it is a charge card and keep in mind it has a $75 a year fee

 

[N8Magic]

You don't want to miss a payment... Amex are a bunch of savages when it comes to collecting payment.

I missed one payment (honest mistake) and they harassed me like i've never been harassed before.