5 ms·
> Not sure if this is still the case or not, but the classic Green, Gold, and Platinum cards are charge cards and have to be paid in full each month. They chan
by makestuff 2y ago
> Not sure if this is still the case or not, but the classic Green, Gold, and Platinum cards are charge cards and have to be paid in full each month.
They changed this a few years ago with the "pay over time" feature on those cards.
- jjice 2y agoTo add to this as well, this can be disabled, but it's on by default for new applicants. They can put a limit on the charge cards as well, so it can be almost an ambiguously limited credit card now. That said, I don't think being given a set limit is very common, or very impactful for the average person unless you're a large spender.
- Dalewyn 2y agoNot all charges can be PoT'd, though. In general you still have to pay the entire statement balance each billing cycle (it's a good habit to have when using credit cards anyway).
- blitzar 2y agoMy one changed from charge card to interest bearing - it is now 704.6% interest rate, so it is still a charge card!
- quickthrowman 2y agoWhat country is that in?
- blitzar 2y agoUK
- farceSpherule 2y agoPay over Time is only for "eligible" charges, not the entire balance.
- bigstrat2003 2y agoI have yet to see a charge on my Amex Platinum that wasn't eligible for pay over time. In practice, I would say it's not different from another credit card at this point.
- kopecs 2y agoI believe each transaction has to be over $100 and there's a total limit on the number of pay over time plans you can have active. But yes, other than the dollar amount, I've not seen anything not be eligible.