Amex -- Revolving on Gold

Discussion in 'Credit Talk' started by mj, Feb 5, 2002.

  1. mj

    mj Well-Known Member

    We've all heard how bad Sign & Travel (or Extended Payment Option) can be on the green/gold/platinum cards, right?

    Somehow, they offered me prime + 3.something (8.650%) for my S&T.

    Glad that I had some hotel & airline charges to move over ... that's a lower rate than my Blue!

    For you Amex charge card holders, it may be worth it to call and see what rate they're offering you.

    Note: I don't think you can use S&T or EX-PO until you've had the account for 1 year. When I hit the 12 month mark I called and it was automatically added to my account.

    One more word of caution - don't sign-up for the "automatic" system - that ends up killing your grace period. Always move charges over manually (or on-line) one by one... that way you keep the pay-in-full portion interest-free.

    -mj

    PS: Dog - I thought of you especially for this! You're gonna have some $$ charges on your card next month, eh mate?
     

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