Amex adds new payment options to Green, Gold and Platinum cards

Aug 3, 2020

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While most travel rewards cards fall into the “credit card” category — in that customers are issued a fixed line of credit and can carry a balance from month to month — there are a few exceptions. American Express issues a handful of popular cards, such as its flagship product, The Platinum Card® from American Express, the mid-tier American Express® Gold Card and the entry-level American Express® Green Card.

The information for the Amex Green Card has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.

Traditionally, these cards couldn’t be used to carry a balance — you had to pay it off in full by the due date — but the issuer recently relaxed its policies for both the American Express® Gold Card and American Express® Green Card, giving customers access to a new program, called Amex Pay Over Time. When enrolled in the program, cardmembers can choose to carry a balance from one month to the next, with variable interest rates applied. Now, this extended payment option has been extended to The Platinum Card® from American Express, as well.

Photo by Wyatt Smith/The Points Guy.
Photo by Wyatt Smith/The Points Guy.

Additionally, Amex is rolling out its existing “Pay It Plan It” program to all three cards. The first option, Pay It®, lets you pay off small purchase amounts under $100 before your statement closes, making it easy to keep your balance down. This option is only available in the American Express App. For the Plan It® option, enrollment is not required and allows cardmembers to pay for qualifying purchases over $100 in monthly installments for a fixed monthly fee. This option is available on both the Amex website and mobile app. You won’t be responsible for interest charges for those transactions, although Amex does add a variable fee, depending on the length of your payment plan.

Hoping to learn more about Amex’s extended payment options? Be sure to check out our detailed guide to Pay Over Time and Pay It Plan It right here.

Featured photo by The Points Guy.

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