Hi,
Bit of a noob question sorry, but it's my first statement with Amex.
I got approved for the card on April 5th, so my first statement therefore arrived on 5th May.
My direct debit is set up to pay in full, but it isn't collected until the 17th May.
Considering the credit limit isn't reset until you make the payment, it won't reset until the 17th at which point I'll have accrued 6 weeks of spending, when it should be monthly?
I think what I'm trying to ask is, if I pay my statement on the 17th, how will I ever reset my credit limit to the max?
Ie. £2000 credit limit, first statement is £700 from first 4 weeks, but direct debit not collected until after 6 weeks and so my credit limit is £1300 until that's paid. Therefore have to make my credit limit stretch 6 weeks?
Apologies if wording is confusing my head is fried