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DO NOT PAY IT. Corporate credit cards will not impact your credit score. Deloitte has an arrangement with AMEX. There will be no interest rate charges applied to your account if the balance isn't paid in full each month. As I stated earlier, the only shitty part is you will "forfeit" the points earned associated with the dollars not paid in full at the end of the month. That's it. You'll create a massive headache for yourself and Deloitte payment system of you pay it in full yourself and then submit another expense asking for reimbursement
Nada. Do take note that you will "forfeit" those points on the AMEX though. I have quite a few surrendered points because the payment cycle doesn't always clear the full balance each month.
Omg please don't listen to EY1 or D1. Second D2.
D2 is absolutely right. DO NOT PAY IT.
There's a grace period anyway, I think. Not sure of the length, but I thought it was 30 days
Thank you D2 for the great explanation - I've been at the firm for 5 years and can attest to this.
EY1 go away. You shouldn't be inserting yourself in a Deloitte-specific question.
Thanks D7...do I get a raise now? This has to count towards "mentoring junior staff"...
Just pay it and then reimburse yourself when the expense reimbursement comes in
Call DTE support and ask when will Amex get paid
I would understand if bill was 10k, but for 1,800? Just pay it
@EY1 I'm not sure what system EY has, but at Accenture, we get reimbursed for expenses and then pay off the bill ourselves. I think at Deloitte it's different - you file expenses and the company pays them off directly. So your suggestion may have worked right if EY has the same system Accenture has, but in the case of Deloitte that would just cause a headache.
As long as it is all paid off by the closing date of the next statement, your points are not forfeited. Usually if you are on a travel project and do your expenses weekly, there are enough rolling payments that the "amount due" is paid off before the next billing cycle. Points show up on your account the day the cycle closes. Amex gets paid the Tuesday before payday. As long as > $1800 is paid Tuesday, and your statement period doesn't close before then, you're good...
D5 is absolutely correct. As long as your prior statement balance is paid by next closing date you are good. Every other Tuesday D pays Amex
Yea, seriously, chill everyone. I've gone almost 4 weeks without doing expenses and ran up almost $8000. They almost shut off my card... But point is, you're definitely OK OP
Correct A1. Uncle D pays AMEX directly for us. We're only responsible to pay AMEX on our own if we use the card for personal expenses (frowned upon), to pay our portion of monthly cell phone bills (20%) or our half of wellbeing subsidy expenses.
Thanks guys, first time I've had this happen and wasn't sure how to handle!
Just saw this thread else would've responded earlier. @D2 Kudos to you for providing a great explanation and giving OP the right direction
My bad. I assumed your system was same as ours
Stop posting such ridiculous q's and stealing 2 seconds of other people's lives who read your post. Take your mundane worries elsewhere.