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Bonus points to enroll in Extended Payment Option [USA]

Bonus points to enroll in Extended Payment Option [USA]

Old Mar 27, 11, 3:44 pm
  #46  
dw
 
Join Date: Jun 1999
Location: New York, NY
Programs: AA Plat Pro, IHG Spire Amb/Kimpton IC
Posts: 4,577
5k is the highest offer I have ever seen for this.
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Old Mar 27, 11, 5:26 pm
  #47  
 
Join Date: Mar 2008
Location: Central Jersey
Programs: Emirates, Amex Plat, UA/DL, Hilton/SPG
Posts: 57
sounds like a good deal just to sign up for the benefit without having to use it.
Dieselmania is offline  
Old Mar 27, 11, 5:44 pm
  #48  
 
Join Date: Oct 2010
Location: IND
Programs: SPG Plat, WN CP, Many Others
Posts: 538
I signed up for it a few years ago for 5000 points. Never used it once. Free points. It still shows the option to pay later on my account for charges over $500. That was my offer, but never used it. Take it.
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Old Mar 27, 11, 6:50 pm
  #49  
 
Join Date: Oct 2008
Location: LAX
Programs: All Around Nobody
Posts: 860
They bombard me with this as well, even shows up online when checking my account. Someone had mentioned that accounts with pay over time were more likely to recieve a FR so I haven't bothered with, 5k aint worth it
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Old Mar 27, 11, 9:09 pm
  #50  
 
Join Date: May 2006
Posts: 1,363
When I activated my card it was a simple yes/no question. I selected yes and that was the end of it. Perhaps this was a poor choice
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Old Mar 27, 11, 11:56 pm
  #51  
 
Join Date: Jan 2010
Location: EUG,PDX
Posts: 422
Does it involve a credit inquiry

The wording on their web page led me to believe they might do a hard credit pull. Anybody done this and can confirm if they do a credit pull? Not worth 5000 points if they do.
2RETIREDTRAVELERS is offline  
Old Mar 28, 11, 12:55 am
  #52  
 
Join Date: May 2006
Posts: 1,363
Originally Posted by crzn View Post
The wording on their web page led me to believe they might do a hard credit pull. Anybody done this and can confirm if they do a credit pull? Not worth 5000 points if they do.
At time of card activation they didn't, but I just presumed they had pre-approved extending credit to me. After all, I had other pre-existing credit lines regardless.
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Old Mar 28, 11, 1:30 am
  #53  
 
Join Date: Jun 2001
Location: AVP
Programs: AF, DL, THY, *wood, Hilton, Carlson, *bux Gold; PC, Marriot Plat Prem (3x Lifetime), Hz 5*
Posts: 330
take it - it's a free 5K bonus. you're never forced into using it and/or paying any interest. and if you ever happen to need it, it's there without all the phone calls from amex...
Spiffster is offline  
Old Mar 28, 11, 2:25 pm
  #54  
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Join Date: Apr 2001
Location: DFW, AA, Hilton
Posts: 16,686
Your 5k offer is better than the 2k offer I just received in the mail. So I'd concur with the others that you should take it.

My question on the offer is this part in small print:

"You currently have the Select & Pay feature available to you which can be used to request charges to be paid over time. If we approve your request, charges will be placed into Pay Over Time balance. The terms and conditions previously disclosed to you in the Select & Pay and in the Pay Over Time section of your Card member Agreement (including any amendments and supplements) apply to your enrollment in the Extended Payment Option."

I'm confused. If I already have Select & Pay, why would I need Pay Over Time since they sound like the same thing?


The following is so flattering:

"This feature is not available to everyone -- only select Cardmembers. ",

from Ed Gilligan, Vice Chairman.


Ha! Then why aren't they using my correct name on the letter?
ChaseTheMiles is offline  
Old Mar 28, 11, 2:45 pm
  #55  
mia
A FlyerTalk Posting Legend, Moderator: American Express, Citi, Diners Club, Signatures
 
Join Date: Jun 2003
Location: Miami & London
Programs: AA & Marriott Perpetual Platinum; HH Gold
Posts: 41,191
Originally Posted by ChaseTheMiles View Post
If I already have Select & Pay, why would I need Pay Over Time since they sound like the same thing?
This page purports to explain Pay Over Time vs Extended Payment Option vs Select and Pay Later, but I cannot understand it. It may be that in one plan charges over $100 default to time payment, while in the other they must be chosen, but I'm grasping.

https://www212.americanexpress.com/d...00d0faad94RCRD
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Old Apr 16, 11, 11:03 am
  #56  
 
Join Date: May 2010
Posts: 172
Originally Posted by swf83 View Post
So I have received in the mail probably 10 times over the past 3 years solicitations from AMEX Platinum trying to entice me to elect to have the option for paying for purchases over $100 over time. Simply by signing up for this option they would give me 5,000 MR points.

However, the fact that they are trying so hard to get me to sign up leads me to believe that this may be something that isn't worth the 5,000 bonus points. I believe just by signing up I will have the option in the future to pay for certain purchases over time. I never have to elect to do so, but I will have the option.

I would consider signing up for a better MR bonus offer, maybe 15-20K points.

Any thoughts on this?

do you have a link for this? I got one in the mail but it was 1500 and the link seems to be not specific to me. So, I am wondering whether the 5000 point one has a general link as well.

Thanks.
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Old Apr 16, 11, 2:15 pm
  #57  
 
Join Date: Jan 2010
Posts: 1,708
I was getting the 5k offer, didn't go for it, now all I get is the 1.5k offer. If I had it to do again, I would have taken the 5k offer. I don't see a downside.
ddallas is offline  
Old Apr 16, 11, 8:03 pm
  #58  
 
Join Date: Apr 2010
Posts: 109
I was offered 2k or so and then 5k everytime I was on the phone with them. I needed some points for a transfer so I did it and they actually rushed posting them. Never used the option but appreciate the points.
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Old Apr 17, 11, 3:18 pm
  #59  
 
Join Date: Nov 2008
Posts: 359
I got a 3k offer last month: a link appear when I login to my Amex account.
The link is not there anymore.
Somboday's blog (donot remember who, frugal travel guy?) mentioned adding "Pay Over Time" may increase your possibility of being Amex financial reviewed.
milaohu is offline  
Old Apr 18, 11, 8:39 am
  #60  
 
Join Date: Mar 2006
Programs: UA Silver
Posts: 144
save the mail offer & bonus ID#

This goes without saying but save the original offer, any correspondence with the ID#. I have done it, it is easy...but I have always had to call afterwards to get the points. Might just be me. I have done it multiple times over the years. I always get the points, but the extra call has been required for me.
detony is offline  

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