American Express Select and Pay
- Login is required to enable feature
- New users can create online account
- American Express contact info available
Why pay a charge now when it can be paid later? Of course the obvious answer to this question would be INTEREST. However, cardholders who don’t mind paying a little extra for the comfort of knowing they have more time to pay a charge may have found the wiggle room they need with the American Express Select and Pay Later feature. The feature can be enabled online after logging into an American Express account with a User ID and password. Those who haven’t the slightest idea what their User ID or password actually is can begin the account recovery process by clicking the Forgot User ID or Password? link and entering the 15 digit card number and 4 digit card ID (sample image provided showing exactly where the card ID can be found on the FRONT of an American Express card). Those who do not yet have an online account will need to create one prior to enabling the American Express Select and Pay Later feature.
A Few of Finer Details of the American Express Select and Pay Later Feature
- Cardholders can pay eligible charges of $100 or more over time with interest
- The Annual Percentage Rate charged for the pay over time features is 19.24%
- The Penalty Annual Percentage Rate for late or returned payments is 29.99%
- Pay Over Time balances are due at least 25 days after the billing period close
- Penalty Annual Percentage Rates (if charged) will apply for at least 6 months
The process of setting up a new online account can be initiated by clicking the Create New Online Account button and entering the 15 digit card number and 4 digit card ID. After logging in cardholders can select the charges they wish to pay over time (selected charges will be added to Pay Over Time balance). The American Express Select and Pay Later Feature can also be used by calling the number shown on the back of a card and telling a representative which charges to designate.
American Express Contact Information
- PO Box 981535, El Paso, TX 79998-1535