Any agreed-upon Plan It installment amounts will be added to the minimum payment. (i.e. if your minimum is $35 and you did a 12-month Plan It for $600 and your fee is $5/month, your minimum payment would be $90.) I tested a small one when it first became available to see how it worked, then paid it off early to avoid the rest of the fees.
wrote:So I was playing around with the Plan It feature on the site the other night and enrolled in a few plans, which will bring my total payment to 117 a month for the plan. The rep i chatted with wasnt too sure, so I'd figure I ask you experts. Do you HAVE to pay this amount every month to avoid a late fee? or will the statement have still just the minimum payment of $35 (or whatever it is) as normally cacluated? I am wodnering since Ihad an unexpected bill i have to pay that came literally this morning and that extra nearly 100 dollars would be nice to have.
Yes, you MUST pay the plan amount, monthly, for the number of months enrolled. Now, the caveats...
You will see TWO balances after the statement cut date: 1.) Total Balance, and 2.) Adjusted Balance:
1.) Total Balance is the entire amount owed for BOTH plan and non-plan charges - pay this amount and you're good with Amex. 
2.) Adjusted Balance is the amount of non-plan charges plus plan payment(s) due - pay this amount to avoid non-plan finance charges, moving forward.
The MINIMUM PAYMENT DUE reflects the scheduled amount(s) due for ALL plans PLUS the minimum payment due from previous non-plan balances (if any) - pay this amount, and you will satisfy your scheduled plan payment(s) AND non-plan minimum amount due; however, the remainder of your unpaid non-plan balance will accrue interest.
A bit confusing, but I hope that helps.
@Anonymous good point on the adjusted balance being displayed; forgot about that aspect. Important to pay at least that amount unless you want new charges to begin accruing interest immediately.
@Anonymous The reason you can't cancel the plan is that you've entered into a payment agreement for that charge (or those charges). Instead of paying 16.24% APR for instance and forfeiting your grace period on new charges for not paying your statementy balance, they've agreed to charge you a monthly "fee" instead, which should be considerably lower than your normal purchase APR would be over the same amount of time plus as long as you pay the adjusted balance prior to the due date every month, you can continue to make charges as you normally would when paying in full and not accrue interest. Finally, yes your new minimum payment will be your normal minimum payment plus the agreed-upon installment payments. That wouldn't just be to avoid fees (although there is a monthly fee you agreed to with Plan It in lieu of interest), that would be to avoid late charges and possible AA from Amex; paying any less than that would be just as damaging as missing a payment altogether.
So which balance shows on the statement? The total, adjusted, or both? I am currently utilizing the pay it feature to pay off tickets purchased for a cubs game.
Starting Score: 550
Total Statement Balance, Adjusted Statement Balance and Minimum Payment show online and on the statements.
@K-in-Bostonwrote:
Any agreed-upon Plan It installment amounts will be added to the minimum payment. (i.e. if your minimum is $35 and you did a 12-month Plan It for $600 and your fee is $5/month, your minimum payment would be $90.) I tested a small one when it first became available to see how it worked, then paid it off early to avoid the rest of the fees.
Taking one for the team!! ✊🏽✊🏽😂
Oh man, everything about this is so confusing so I will probably never use it; however I am grateful someone asked the hard questions just in case 