answersLogoWhite

0

Minimum payments are a percentage of your current balance.

As your balance lowers, so does your minimum payment amount.

For a specific equation on how the minimum payment is calculated, contact Amex directly.

User Avatar

Wiki User

16y ago

Still curious? Ask our experts.

Chat with our AI personalities

DevinDevin
I've poured enough drinks to know that people don't always want advice—they just want to talk.
Chat with Devin
RossRoss
Every question is just a happy little opportunity.
Chat with Ross
LaoLao
The path is yours to walk; I am only here to hold up a mirror.
Chat with Lao

Add your answer:

Earn +20 pts
Q: How does amex calculate your minimum payment?
Write your answer...
Submit
Still have questions?
magnify glass
imp