 TITLE: How Do Pay Over Time Plans Work? CONTENT: American Express Pay Over Time\n------------------------------\nThe American Express Pay Over Time option enables cardholders to pay off charges over time rather than being required to pay off the balance each month. Some purchases aren't eligible for Pay Over Time, however, including insurance premiums, gift cards and gambling transactions.\nAs you make purchases with your Amex card, qualifying charges of $100 or more are placed into your Pay Over Time balance up to your Pay Over Time limit. When you make a payment at the end of your billing period, you can pay the statement balance in full, or pay the minimum amount due or any amount in between with interest. You'll pay interest only on charges you choose to pay over time. The Pay Over Time feature is also available on eligible Amex business cards.\nIf you don't want to use Pay Over Time, you can pay your statement balance in full each month, or you can switch off the feature by managing the settings within your mobile app or online account, or by calling Amex.\nThere's no time limit for wiping out a Pay Over Time balance, as long as you make at least the minimum payment by each monthly due date. Your Pay Over Time APR (annual percentage rate) can vary based on your creditworthiness. Terms apply. END