American Express Flex Pay for Large Purchases

Amex has a couple of programs that it’s trying to promote that allow you to finance certain larger purchases on different terms than the rest of your charges. According to a poster at FT:

THe first offer I recieved when I was on the phone with American Express and they offered me 1500 bonus points to sign up for a program where I would have special flex rates for Home Improvement purchases. They sent me the information, and basically if I would have a major home improvement need I could call CS and let them know I was going to be making a purchase at a Home Improvement Store, and those purchases would have a special rate and would be payed back seperately than other purchases… if I don’t use it, I’m not charged any finance charges, or have any fees..

Very similar thing with a new service that when I enrolled would automatically put all items over $200 in a seperate section of my bill, and I could pay the entire balance and not pay any finance charges, nor are there any fees for signing up (like a 5 cent per 100 charge, etc).

Was an easy way to get to 2750 points…

I did not see any reference codes or anything, so if you want to sign up for the points, you may have to call American Express and ask them about the service.