- Centurion Member
- Posts: 875
- Joined: Thu Apr 30, 2009 2:32 pm
- Location: Texas
Set the account up for autopay where Amex will automatically debit your checking account for the full amount due on the same date every month. You can usually pick the date; pick one you will remember.
Monitor your account on line and review your spending ever few days and make sure you have a good idea of what you owe.
Make sure you always have enough money in your checking account to cover the bill when it is debited. Consider setting up an overdraft line of credit. ING Direct will let you do this for free and won't charge you anything for accessing it. With Chase, you can link one of your credit cards to your checking account as a backup, but they will charge you a fee if they have to dip into your credit line to cover an overdraft. This should not be a problem, though, because you will always have enough money in your checking account to cover full payment of your credit card balance, right?
American Express: Blue Cash Preferred (groceries, 6%; gas, department store, 3%); Gold Delta SkyMiles (Delta Air Lines, 2 miles/dollar, free checked bag).
US Bank: Cash+ (utilities, phone, internet, restaurant, 5%; drugstores, 2%).
FIA Card Services: Fidelity Amex (everything, 2%); Fidelity Visa (everything, 1.5%).
Chase: Freedom (rotating, 5%); Amazon (Amazon.com, 3%); PriorityClub (IHG hotels, 5 points/dollar); Sapphire (not in use).
*All cards are registered with PriorityClub IDine program for 8 points/dollar at participating restaurants.