AXP · News · 20261103N

Product Launch and Transition

AMERICAN EXPRESS CO · 2026-11-03 · Importance 34 · Surprise 42

American Express will permanently activate Pay Over Time on eligible charge cards beginning February 1, 2027. Cardholders will no longer be able to disable the feature, but can avoid interest by paying the total new balance by its due date. Rewards earning will remain unchanged, and carrying a balance will not earn additional points.

Key facts

• American Express will permanently activate Pay Over Time on eligible charge cards starting February 1, 2027. source
• Starting February 1, 2027, American Express cardholders will no longer be able to disable Pay Over Time on eligible charge cards. source
• Paying the total new balance by the due date can still prevent interest on Pay Over Time balances. source
• Pay Over Time rewards earning remains unchanged, and carrying a balance will not accrue additional points. source