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. |
Conclusion
The Plum Card® from American Express is designed for either those who have enough cash to pay early and get the 1.5% discount, or those who prefer to have more time to pay off their balance than to earn rewards. It gives you a 1.5% early payment discount on the portion of your balance that you pay within 10 days of the statement closing date or 60 days to pay later with no interest.
If you fall under these two categories, this card is for you. However, if the annual fee (see rates & fees) or your business doesn’t have enough cash flow and you need to carry a balance, I recommend getting another card. Find our complete list of Credit Card Promotions today!
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.