Introduction

Pay Over Time is a feature available on select American Express business cards that allows you to pay your balance over time, with interest. This feature is particularly beneficial for cardholders who want the flexibility of spreading out payments, even though charge cards traditionally require full payment each month.

How You Can Earn Targeted Offer Points

American Express has been offering bonus points to cardholders who enroll in Pay Over Time. But what if you're already enrolled? By unenrolling from Pay Over Time, you can become eligible for these targeted bonus offers when you re-enroll.

How to Unenroll from Pay Over Time to Re-Enroll

Enrolling in Pay Over Time is automatic if your card has the feature. To become eligible for targeted bonus offers, follow these steps:

1. Unenroll: Log in to your Amex account, go to the "Manage Pay Over Time" section, and select "Pay Over Time Inactive." Submit the changes to unenroll.
2. Wait for an Offer: After unenrolling, wait to be targeted for a bonus offer to re-enroll in Pay Over Time.
3. Re-Enroll: Once you receive an offer, re-enroll in Pay Over Time to earn the bonus points. It may take a few days for the points to appear in your account.
4. Repeat: After receiving your bonus, you can choose to unenroll again to potentially earn future offers.

More Pros for Unenrolling

In addition to being eligible for bonus offers, unenrolling from Pay Over Time has another potential benefit. Some data points suggest that Amex may treat charge cards like regular credit cards if you consistently use Pay Over Time, possibly counting them towards the maximum of five Amex credit cards you can hold. This might limit your ability to open or keep other cards in the future.

Note: These data points are not 100% confirmed.

Frequently Asked Questions

• Q: Does the Chase Pay Over Time plan hurt my credit?
• A: It affects your credit the same way as any other credit card balance. The impact depends on how it influences your credit utilization.

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