Amex Plan It® Launches for AmexTravel.com

Amex cardholders can now use Plan It® to book flights through AmexTravel.com and buy now, pay later. The rollout of the popular feature occurred last week and offers Amex cardholders the chance to spread their wings and travel – while spreading their payments out over time.

Amex Plan It® Lets Cardholders Buy Now, Pay Later

American Express offers cardholders the option to buy now, pay later through the Amex Plan It® feature.  The program allows Amex cardholders to split up large purchases over time and pay them back at a fixed, monthly fee – with no interest.

American Express first introduced Plan It® in 2017. The feature provides Amex consumer cardholders the ability to pay for purchases of $100 or more in monthly installments with a fixed monthly fee. Plan It® is available wherever cardholders’ shop and is controlled through the dedicated Amex mobile app. Cardholders simply log on to their account and select the Plan It® option when reviewing their posted transactions.

Amex Extending Plan It® Feature to Flight Bookings

Now, Amex allows cardholders to use the Plan It® feature with flight bookings through AmexTravel.com. This new feature makes it even easier for eligible cardholders to escape the coronavirus pandemic lockdowns with the flexibility to buy now – and pay later.

As of May 13, American Express cardholders can use their U.S. consumer card to book flights through AmexTravel.com and then select Plan It® at checkout. Amex says that integrating Plan It® directly into the checkout experience will offer more flexibility with up to three plans to pay for flight purchases of $100 or more in monthly installments with a fixed monthly fee and no interest.

Trendex Study Shows Popularity of Buy Now, Pay Later Services

The addition of Amex Plan It® to flight bookings comes on the heels of the publication of the most recent Amex Trendex study. The latest report shows that over 40% of millennials have used a buy now, pay later service in the past year, with 82% saying that these offerings help them feel in control of their finances.

Additional findings from the Trendex study include:

• 62% of millennials say they will use a buy now, pay later feature for their next trip.
• 36% of people are looking for deals or flexible payment flexibility options to help with paying for their next trip, including buy now, pay later features.
• 22% of all respondents have used a buy now, pay later service.
• 82% of respondents that use buy now, pay later programs agree that those programs help them feel in control of their finances.
• 79% of millennials feel more in control of their finances when they can spread their payments over time.