Is my Card eligible?
1. When you create an installment plan, you will be charged a monthly installment fee. The monthly installment fee percentage will be disclosed to you during plan creation. This is not a promotional or special rate offer. The fee charged is comparable to the interest you would have paid if you carried this balance on your account, without being in an installment plan. Please see the Plan It (American Express Installment Program) section in your Cardmember Agreement or the Program Terms and Conditions for more details. Plan ItTM is currently not available in Quebec, Nova Scotia, PEI or Nunavut.
2. Your ability to create each new installment plan will depend on an assessment of eligibility made at the time you seek to create an installment plan. In order to create a new installment plan, your account must be in good standing and you must have a minimum $100 purchase or statement balance on your eligible card. Any transactions related to funds advances and balances at special rates of interest will not be eligible unless we make a special offer to you. We may also limit or otherwise restrict your ability to participate in the installment program based on your account's available credit or for any other reason.