Start of menu
Close Menu

Welcome to the Help Centre

When or What is my minimum payment due on my American Express Credit Card?

The Minimum Payment is the lesser of (1) the total of (a) $10 + (b) Interest, Overlimit fees and Dishonoured Payment fees + (c) if applicable, installment amounts (including installment fees) charged on the billing statement + (d) any previously billed minimum payments that remain unpaid on the Closing Date of the statement OR (2) the entire new balance on the billing statement.

FOR QUEBEC RESIDENTS ONLY
Effective as of August 1, 2019, the Minimum Payment will change to:
The Minimum Payment is the lesser of (1) or (2), calculated as follows:
(1) the total of: (a) any previously billed minimum payment that remains unpaid on the Closing Date of the statement + (b) if applicable, installment amounts (including installment fees) charged on the billing statement + (c) 5% of the remaining balance owing that month OR (2) the entire new balance of the billing statement.