Terms and Conditons
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. Please see your American Express Installment Program section in your Cardmember Agreement or the Plan It™ Terms and Conditions for more details.
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 be eligible, you must have new purchases billed to your current statement. Prior months’ balances that have carried over are not eligible. Similarly, balances related to funds advances and balances at special rates of interest will also not be eligible unless we make a specific offer to you. We may also limit or otherwise restrict your ability to move balances to the installment program based on your account’s available credit or for any other reason. Please see your American Express Installment Program section in your Cardmember Agreement or the Plan It™ Terms and Conditions for more details.
3. 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 your American Express Installment Program section in your Cardmember Agreement or the Plan ItTM Terms and Conditions for more details.
®, TM: Used by Amex Bank of Canada under license from American Express
