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Regular Contributor
icloud2525
Posts: 199
Registered: ‎10-12-2012
0

Amex pay over time

Received a letter from Amex saying I could use the pay over time feature for my charge. It said I could not use it if I go over my pay over time limit, which yours is $35,000. Haha. Nice to know if I ever need it I guess.
Amex BCP $17,400, Amex Platinum NPSL, Virgin Atlantic World Elite MC $10,500, Chase Sapphire Preferred $5000, Barclay Arrival World Elite MC $5000, Citi Hilton Visa Sig., $8800, Citi TY Preferred $7900, Citi Diamond Preferred $7400, Citi Dividend $5900, US Bank Flexperks Visa Sig, $5000 Discover IT $6000, Chase Freedom $3500, Amex Hilton Honors $6000 Cap One Cash $2500,-- EQ FICO 768, EX FICO 755
New Contributor
rex_03
Posts: 131
Registered: ‎11-08-2007
0

Re: Amex pay over time

Getting any MR points as an incentive? That could help your decision I'm sure..
Frequent Contributor
somnipotent
Posts: 367
Registered: ‎06-02-2008
0

Re: Amex pay over time

I've used it to pay for some camera gear last year before I had a limit that was large enough to cover it.  No adverse affects from AMEX.  Not the best idea to carry a balance on a charge (especially if you have a revolver), but the option is nice when you need it.


AmEx PRG (NPSL) | AmEx Costco ($8.2K) | AmEx Delta Gold ($19.3K) | AmEx BCE ($5K) | Chase United Explorer ($10K) | Chase Sapphire Preferred ($7.5K) | Chase Freedom ($8.2K) | Discover it ($3K) | Capital One Quicksilver ($2.5K) | PayPal Extras ($2.5K) | Lowes ($3.3K) | Walmart ($4.3K) | Amazon ($2.5K) | Restoration Hardware ($8.8K) | Crate & Barrel ($8.3K)
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Homeowner since 05/29/13
Established Contributor
zeusta20
Posts: 586
Registered: ‎02-22-2011
0

Re: Amex pay over time

How do you go about qualifying for the pay over time feature?
CL-5kNPSLCL-3.6kCL-4kCL-7.5kCL-7kCL 7.9kCL-4.2k
GARDENING SINCE 07/13/13
Established Member
lonewolf210
Posts: 44
Registered: ‎05-31-2013
0

Re: Amex pay over time


zeusta20 wrote:
How do you go about qualifying for the pay over time feature?


I don't know if it's because I got a Plat card but it gave me the option to opt in when I activated my card. Didn't give me a limit though...

Frequent Contributor
somnipotent
Posts: 367
Registered: ‎06-02-2008
0

Re: Amex pay over time

I think it opens up after a year of membership.  Also, there's a hard limit of 35k.  APR is around 18% methinks.


AmEx PRG (NPSL) | AmEx Costco ($8.2K) | AmEx Delta Gold ($19.3K) | AmEx BCE ($5K) | Chase United Explorer ($10K) | Chase Sapphire Preferred ($7.5K) | Chase Freedom ($8.2K) | Discover it ($3K) | Capital One Quicksilver ($2.5K) | PayPal Extras ($2.5K) | Lowes ($3.3K) | Walmart ($4.3K) | Amazon ($2.5K) | Restoration Hardware ($8.8K) | Crate & Barrel ($8.3K)
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Homeowner since 05/29/13

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