cancel
Showing results for 
Search instead for 
Did you mean: 

Amex pay over time

Frequent Contributor

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.
Chase Sapphire Reserve $32.5K, Amex BCP $20K, Amex PRG NPSL, Amex Hilton $12,000, Discover It $16,000, Citi Hilton $16,200, Citi TYP $14,400, US Bank Cash+ Visa Sig $12,000, Virgin Atlantic World Elite MC $13,100, Merrill+ Visa Sig $10,000, Fidelity Visa Sig $10,000, Barclay Cash Forward $16,500, Wells Fargo Rewards $12,500, Local CU $7000, Barclay Apple Rewards $5500, Chase Freedom $5000, Cap One Cash $2500,-- EQ FICO 768, EX FICO 777, TU FICO 781
Message 1 of 6
5 REPLIES
Contributor

Re: Amex pay over time

Getting any MR points as an incentive? That could help your decision I'm sure..
Message 2 of 6
Frequent Contributor

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)
--
Homeowner since 05/29/13
Message 3 of 6
Established Contributor

Re: Amex pay over time

How do you go about qualifying for the pay over time feature?
Chase Sapphire Reserve-10k
Chase Freedom-4k
1st Financial Bank USA-11.4k
USAA Amex-7.5k
USAA Visa Sig-7k
Citi Thank you Preferred-4.8k
Citi Diamond-2k
Amex Gold-NPSL

FICO8-11/2017
EX: 737
EQ: 722
TU: 735
Message 4 of 6
Established Member

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...

Message 5 of 6
Frequent Contributor

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)
--
Homeowner since 05/29/13
Message 6 of 6