American Express Adds ‘Pay It Plan It’ & ‘Pay Over Time’ To Platinum Cards

American Express has announced that it will be adding ‘Pay It Plan It’ & ‘Pay Over Time’ to American Express Platinum cards. Previously these flexible payment options were available on the American Express Green & American Express gold card. These are all charge cards which means that normally the balances acquired need to be paid in full each month. The pay over time feature effectively allows cardholders to carry a balance like a regular credit card and the pay it plan turns purchases into an installment loan. Previously American Express offered an enrollment bonus for the pay over time feature, it’s unclear if that will still be offered.