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Amex Gold Pay Over Time vs Credit Card

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Regular Contributor

Amex Gold Pay Over Time vs Credit Card

How is this Pay Over Time thing any different than a regular credit card?
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Super Contributor

Re: Amex Gold Pay Over Time vs Credit Card

Not all of your charges will be eligible for Pay Over Time. From what I understand, the charge must be above $100. So anything lower has to be paid in full and cannot be floated.

 

IMO, it's kind of confusing, and if they're going to make the Gold a revolving product, they need to just go all the way. This charge/revolving hybrid thing is just weird. But, the way it is right now, it's best to just use the Gold card as strictly a charge card.

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Established Contributor

Re: Amex Gold Pay Over Time vs Credit Card

A regular credit card will not earn MR's with Amex Gold's categories. (Because there is no Gold credit card.)

 

I think it's for people who do not want charge cards but want the Gold and/or Plat rewards structure and benefits.


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