Old Aug 3, 10, 7:09 pm
Join Date: Apr 2002
Location: Bay Area
Posts: 177
Good question...

The only issue I can come up with that *may* be affected is the grace period that AmEx gives on payments. If you have the Extended Payment option, you might be charged interest the immediate day after your bill is due whereas if you do NOT use the Extend Payment option, you might be getting add'l days to pay the bill.

I know the topic of grace periods regarding AmEx charge cards have been discussed numerous times (and quite frankly, I still don't understand how it works), but I don't remember the issue of Extended Payment being brought into the conversation.
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