Earn 10000 Membership Rewards Points To Enroll Pay Over Time

There’s a new promotion that American Express is targeting business card holders. If you enroll in the Pay Over Time program you will receive 10,000 Membership Rewards points.

This is very little effort just to enroll.






The terms and conditions say it’s a targeted offer, but it includes a bonus ID. If you don’t receive the email, I’d try calling American Express and give them the bonus ID to any Membership Rewards earning card you may have and attempt to enroll. What’s the worst that will happen? Exactly, they say no.


Terms and Conditions

1. Card Member must be eligible to enroll in the Extended Payment Option at the time of requesting enrollment.

2. Offer valid through 11/01/2016. To be eligible to earn Membership Rewards®points, you must be enrolled in the Membership Rewards® program at the time of enrollment in the Extended Payment Option feature. Only one offer per American Express OPEN® Business Card account is permitted, and points will be credited to your account within 6–8 weeks after enrollment is approved. Maximum 10,000 points per account. Bonus ID: A7FP.

Terms and Conditions for the Membership Rewards program apply. Visitmembershiprewards.com/terms or call 1-800-AXP-EARN (297-3276) for more information. Participating partners and available rewards are subject to change without notice. The value of Membership Rewards points varies according to how you choose to use them. To learn more, go to www.membershiprewards.com/pointsinfo . Offer only available to Card Members who have received a communication directly from American Express for this offer. If you received an offer communication through e-mail, please refer to your communication piece for the offer expiration date. If your enrollment in the Extended Payment Option is approved after the expiration date you will not be eligible for this offer. American Express reserves the right to modify or revoke the offer at any time.

3. Eligible purchases of $100 or more will automatically be included in your Pay Over Time balance each month. This includes eligible purchases from your most recent billing statement. Purchases made but not applied to your account at the time of enrollment, will not be included in your Pay Over Time Balance. The following types of charges are ineligible for the Extended Payment Option: Cash and Express Cash, American Express® Travelers Cheques and other cash equivalents, casinos and gambling, American Express annual membership fees, and other transactions designated by us. If you believe an eligible transaction has not been included in your Pay Over Time balance, please call the number on the back of your Card.

The Annual Percentage Rate (“APR”) for the Extended Payment Option may vary and is determined for each billing period by adding 14.99% to the Prime Rate. The APR is 18.24% with a Daily Periodic Rate (“DPR”) of 0.0500%. A Penalty APR may be applied if you make late payments or your payment is returned unpaid. The Penalty APR is Prime Rate + 25.99%, which equals 29.24% with a DPR of 0.0801%. The Penalty APR may vary based on the Prime Rate. The variable rates calculated above vary based on the Prime Rate and are accurate as of 10/15/2015. Please refer to your Card Member Agreement for all other terms and conditions governing the use of Pay Over Time features.

We will not charge interest on Extended Payment Option charges if you pay the Account Total New Balance by the due date each month. Please refer to your Card Member Agreement for all other terms and conditions governing the use of Pay Over Time features.

The outstanding balances of Pay Over Time features may not exceed $35,000, unless we notify you otherwise. Consequently, any Charges that would cause the total balance of your Pay Over Time features to exceed that amount will be due in full. Please note, new Charges may be ineligible for extended payment even if they would not cause the total balance of your Pay Over Time features to exceed $35,000.

4. Extended Payment Option does not change spending capacity available on Card. No pre-set spending limit does not mean unlimited spending. Purchasing power adjusts with your use of the Card, your payment history, credit record and financial resources known to us, and other factors.

POID: BS81:0001

8 comments… add one
  • Didn’t work for an Amex PRG (consumer not business). After a lengthy hold they said business only.

  • My husband and I both opened Bus Plat CCs the same time. We both got emails encouraging us to sign up for pay over time. But he got an email with the targeted offer of 10K for doing so, and my email just suggested I sign up,

    Maybe they are trying to see if offering 10K gets people to sign up.

    Thanks very much for the head’s up because it wasn’t until we double-checked that I saw that one email offered the 10K. I would have missed it without your post. You’re the best!

  • I was targeted for this offer, but when I went to sign up, it seemed like it would result in a credit pull. Wasn’t sure if it would have been considered soft or hard, so opted not to participate. Anybody have an idea what type of pull (if there actually is one) would occur?

  • Got the Business Platinum back in March. Although I have received 2 or 3 physical mailings over the past couple of months encouraging me to sign up for Pay Over Time, none of them contained a signup bonus. Called in today based on this post and they applied the promotion — it may have already been associated with my account since I didn’t need to provide the bonus code.

    Jason, it is definitely not a hard pull — I have enrolled in this before and track my inquiries closely.

    • Thanks, Diamond, for that info. I’ll get my husband to do it.

  • I can confirm it’s a soft pull BUT also was rejected, with no reason. I have a 0% high balance on another Amex card – that might be the factor.

  • I attempted to get this through chat, but no dice. The rep asked if I had received the bonus offer, and I honestly replied that I did receive the email but since deleted it and wasn’t sure if it mentioned a bonus.

  • I might recommend looking through your Amex Sync offers. I found this on one card there.


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