You can check out WalletHub’s review of the best American Express credit cards to find a good option for carrying a balance. Just don’t expect to find a low regular APR. American Express credit cards are known more for rewards than low rates.
The minimum payment for an American Express credit card is generally $35 or 1% of your balance, plus fees and interest, whichever is higher. Cardholders can always find their required minimum payment listed on their monthly account statement.
American Express credit cards usually have a 25-day grace period. But it varies by card. Some Amex cards have a 30-day grace period. Others don’t have any grace period because their balances must be paid in full each month.
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