American Express
Flexible Payment Option
Free up funds by paying off your Charge Card balance over time.
Flexible Payment Option is a built-in feature on your Charge Card allowing you to free up your cash flow with an instant line of credit. Instead of paying your balance in full each statement period, you can choose to pay off a portion of it over time1.
How does it work?
Make purchases on your Charge Card as usual
You’ll receive a statement at the end of each statement period summarising your spend.
Decide how much of your balance to pay
Choose to pay the Closing Balance, the minimum amount due, or any amount in between (up to your FPO Limit)1.
Manage your
own repayments
Carry over any unpaid amount to your next month's balance. Interest charges apply. Check your Account Statement for your Interest Rate.
On your Card and ready to use
No extra paperwork needed
Flexible Payment Option is a built-in feature on your Charge Card.
Flexible amount and term
You choose what portion of your balance to pay off over time (up to your FPO Limit)1 and how long you’d like to take to pay it back.
Continue earning rewards points2
If enrolled into a Loyalty Program, you'll still earn rewards points on any purchases you make using your Charge Card.
How your business can benefit
Give your business the flexibility it needs to thrive. An instant line of credit means you don't need to dip into your personal savings, take out a loan or miss your next business growth opportunity.
FPO works great for:
Managing cash flow fluctuations
Upgrading or replacing equipment
Emergency expenses
Taking expenses
Taking advantage of limited time supplier discounts
Investing in your business’ growth
“Having Flexible Payment Option has meant that any small hiccups in my business’ finances, stay small.”
Jennifer Moran PPC Solutions
“Having Flexible Payment Option on-hand gave me the peace of mind I was looking for during all the holiday madness.”
Bill Jenkins D3SIGN
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“Having Flexible Payment Option has meant that any small hiccups in my business’ finances, stay small.”
Jennifer Moran, PPC Solutions
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“Having Flexible Payment Option on-hand gave me the peace of mind I was looking for during all the holiday madness.”
Bill Jenkins, D3SIGN
See how FPO helped Retrieval Medics
Retrieval Medics, helping people to safety from all corners of the earth when the unexpected happens.
See how FPO helped Urban Green
Urban Green, a vertical farm growing microgreens 4 levels under the city streets in Australia.
What is FPO
How FPO Works
Ready to use FPO?
It’s your move
Your Amex Business Card comes with a range of funding solutions. Flexible Payment Option is just one of the ways we can help you manage cash flow and fund business growth.
Questions?
Existing Card Members
Call your Account Manager or the number on the back of your Card.
Non-Card Members
Frequently asked questions
If FPO is active, you should see a Minimum Amount Due and interest rate on your monthly statement. Alternatively, you can contact American Express to confirm this.
You will still only receive one monthly statement but it will include additional details. For information on how to read your new statement, click here.
The Minimum Amount Due is calculated as follows:
The greater of $30 or 2.5% of your Closing Balance (up to your FPO Limit)
+ any overdue balance;
+ any balance exceeding your FPO Limit;
+ any fees charged by American Express.
Please refer to your monthly statement or Financial Table for details on your FPO interest rate.
If you incur interest charges in relation to business expenses on your Card, you may be able to claim these as a tax deduction. Please note that this is not tax advice and you are advised to consult your accountant or tax adviser for more information.
FPO will not impact the amount you can spend on your Charge Card, which still has no pre-set spending limit. However, no pre-set limit does not mean unlimited spending. Your purchases are approved based on a range of factors.
As we get to know you, we’ll make adjustments to how much you can spend on your Card.
Yes. American Express reserves the right to suspend or cancel FPO on your Account. Our Credit Team review payment history and Account performance when assessing whether or not an Account can access FPO.
No. You can continue to pay the full Closing Balance on your statement each month without using FPO. To opt out of this feature, please contact American Express by calling the number on the back of your Card.
If you pay your full closing balance every month using Direct Debit and wish to use Flexible Payment Option on your Account, you will need to update your Direct Debit to "Minimum Payment Required" by logging into your Online Account.
For a one-off payment more than your Minimum Payment Required, please login to your Online Account or contact the number on the back of your Card.
Your relevant Card Terms and Conditions and the Direct Debit Services Agreement continue to apply.
Yes. If you are enrolled, you will continue to earn points in accordance with your current rewards program.
Plan It™ Instalments offers you the flexibility to pay off your credit card balance in equal monthly instalments, at 0% p.a. interest and a fixed monthly fee. Learn More.
For full Terms and Conditions please click here.
1. With Flexible Payment Option, you will be charged interest if you do not pay your Closing Balance in full by the due date each month. Please refer to your monthly statements for the current interest rate. Please refer to the full Flexible Payment Option Terms and Conditions.
2. Subject to the Terms and Conditions of the Rewards program you are enrolled in. There may be tax implications associated with participation in the Rewards Program. You are advised to check with your accountant or tax adviser for further information. Membership Rewards Terms and Conditions are available here. The Terms and Conditions of Velocity Rewards Points is here and Qantas Rewards Points are available here.