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AMEX Business and Bill.com benefit

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Old Feb 12, 2019, 6:21 pm
  #1  
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AMEX Business and Bill.com benefit

I just received an email about this new benefit using Bill.com to pay vendor payments electronically while receiving all of the benefits from using my Amex Card. For vendors that don't accept Amex cards they will pay by check or ACH.

Has anyone used this program using the pay by check or ACH feature? If so...did you get your Membership Reward points? The fee structure looks great when compared to Plastiq...which doesn't accept Amex cards for business expenses anyway.
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Old Feb 12, 2019, 6:49 pm
  #2  
mia
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Originally Posted by dqdude
..... used this program using the pay by check or ACH feature? If so...did you get your Membership Reward points? ......
I do not see anything suggesting that rewards are earned on payments by ACH or check.
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Old Feb 13, 2019, 5:00 am
  #3  
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Got the email too but didn't see anything other than:

Only for American Express® Business and Corporate Card Members: receive, route, and pay invoices electronically when you create an account and enroll your card in Vendor Pay by Bill.com, all while earning the rewards of your Card.

https://business.americanexpress.com...ons/vendor-pay
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Old Feb 13, 2019, 10:03 pm
  #4  
 
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Originally Posted by dqdude
I just received an email about this new benefit using Bill.com to pay vendor payments electronically while receiving all of the benefits from using my Amex Card. For vendors that don't accept Amex cards they will pay by check or ACH.

Has anyone used this program using the pay by check or ACH feature? If so...did you get your Membership Reward points? The fee structure looks great when compared to Plastiq...which doesn't accept Amex cards for business expenses anyway.
I looked in to this today extensively. You only earn MR points if you pay your vendors using your Amex. You do not earn MR points on ACH payments. I agree, it is slightly confusing the way they worded in that email, it does make you think you can sign up for Bill.com and start paying everyone using ACH and somehow still earn MR points. That is not the case.
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Old Feb 16, 2019, 9:05 am
  #5  
 
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Can you use your Amex / earn points by having the company charge the Amex and send a paper check to the vendor?
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Old Feb 16, 2019, 11:01 am
  #6  
 
Join Date: Jan 2019
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Originally Posted by slm9555
Can you use your Amex / earn points by having the company charge the Amex and send a paper check to the vendor?
Negative. Bottom line here is there is a fee to process a CC. No one is eating that fee for you, or awarding you MR points without a corresponding fee to match it.
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Old Oct 6, 2019, 5:29 pm
  #7  
 
Join Date: Oct 2019
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Originally Posted by PilotJoe91


I looked in to this today extensively. You only earn MR points if you pay your vendors using your Amex. You do not earn MR points on ACH payments. I agree, it is slightly confusing the way they worded in that email, it does make you think you can sign up for Bill.com and start paying everyone using ACH and somehow still earn MR points. That is not the case.
To clarify, if you want to send an ACH payment, AMEX is no longer involved, or they can charge your AMEX for a fee to create an ACH payment?
Michael R. Sayre is offline  
Old Nov 13, 2023, 10:15 pm
  #8  
 
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Originally Posted by PilotJoe91
You do not earn MR points on ACH payments. I agree, it is slightly confusing the way they worded in that email, it does make you think you can sign up for Bill.com and start paying everyone using ACH and somehow still earn MR points. That is not the case.
Resurrecting an old thread -- can someone please confirm this?
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Old Nov 13, 2023, 11:11 pm
  #9  
 
Join Date: Mar 2011
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Yes. If you send check/ACH, it has nothing to do with AmEx and gets deducted from your bank account.
If your vendor accepts cc, you can use amex.bill.com to send them payment via virtual cc number that’s had a one-time limit of the amount you request.
Hope that clarifies.
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Old Nov 14, 2023, 7:53 am
  #10  
 
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Originally Posted by nemenor
Yes. If you send check/ACH, it has nothing to do with AmEx and gets deducted from your bank account.
If your vendor accepts cc, you can use amex.bill.com to send them payment via virtual cc number that’s had a one-time limit of the amount you request.
Hope that clarifies.
Thank you for clarifying -- my vendor only takes check/ACH/wire transfers. So, if I need to earn MR points in my transactions with Amex, is Plastiq the only solution? I have never used this service before. Will appreciate anyone sharing their experiences.
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