At a glance, The Plum Card® from American Express is great for those who need that extra time to pay off debt OR the benefit of paying off the statement early. With this card, you can get a 1.5% discount when you pay early, with no cap on what you can earn back.
Or in the case that you need extra time to pay your card off, you can take up to 60 days to pay with no interest, if you pay your minimum due. On top of these two great perks, this card comes with no foreign transaction fee (see rates & fees)! If this card is of interest to you, continue to read below on what more this card has to offer!
The Plum Card from American Express Summary
 With the The Plum Card® from American Express, paying early pays off: get a 1.5% Early Pay Discount on your statement on the amount paid within 10 days of your statement closing date and no cap on what you can earn back. Just pay the Minimum Due by the Payment Due Date. You're able to take up to 60 days to pay with no interest, if you pay your minimum due. Use the power of the Plum Card to buy big for your business. This card comes with no foreign transaction fees and an annual fee of $250. Terms & Restrictions Apply. (See Rates & Fees) Terms apply. |
Author’s Verdict
This card comes with two great perks. For one, you’ll receive a 1.5% Early Pay Discount. This includes no earning cap when you pay off your eligible charges within 10 days of your statement closing date. And secondly, you’ll get up to 60 extra days to pay off your card purchases when you pay the minimum due by the payment due date stated on your current billing statement.
So, if you at pay at least the minimum amount, you will be able to defer payment for the remainder of your new balance until the next payment due date without any incurring interest. Also, the minimum payment due is 10% of the balance from any new activity on your current billing statement plus the entire amount of any previously deferred balance(s), as long as your account is current.
The Plum Card also has no pre-set spending limit. This gives you purchasing power that you can adjust with your use of the card and other factors. The card is built for your business. It gives you the power to buy big and the power to choose your payment options. So to conclude, take advantage of this card’s benefits to reap all the discounts on your business card expenses and have the choice of paying without interest!
Provide feedback in the comment section below by telling us your thoughts and experience with this card. Make sure to visit BankDealGuy for more credit card bonuses. Be sure to check out our list of the Best American Express Credit Cards!
Eligibility and Benefit level varies by Card. Terms, Conditions and Limitations Apply.
Please visit americanexpress.com/benefitsguide for more details.
Card Members are responsible for the costs charged by third-party service providers.
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