What Is AmEx Send & Split and how does it Work? Advertiser disclosure You’re our first priority. Every time. We believe everyone should be able to make financial decisions without hesitation. Although our site doesn’t feature every company or financial product available in the marketplace, we’re proud of the advice we offer, the information we provide and the tools we create are impartial, independent, straightforward — and cost-free. So how do we make money? Our partners pay us. This can influence the products we review and write about (and where those products appear on our site) However, it doesn’t affect our advice or suggestions that are based on thousands of hours of study. Our partners do not be paid to ensure positive ratings of their goods or services. . What is AmEx’s Send and Split and how does it work? This feature lets you transfer people money with no transaction fees, or divide the bill within the AmEx mobile application. Written by Melissa Lambarena Lead Writer | Credit cards the debt Melissa Lambarena is a lead writer on the credit cards group of NerdWallet. She has been a passionate writer covering topics related to credit cards for more than six years. Her previous work experience spans nine years of experience as content creator for numerous publications and websites. With her efforts, she hopes to assist readers in extracting value from credit cards for financial goals like increasing their budgets, establishing credit, traveling to dream destinations, and paying off debt. She writes about these topics along with others in her Millennial Money column featured in The Associated Press. Her work has also been published on The New York Times, Chicago Tribune, The Washington Post, USA Today and Yahoo Finance, among others. Melissa has a bachelor’s level degree in sociology from the University of California, Los Angeles. Oct 13 2022 Edited By Kenley Young as the editor assigned to NerdWallet. Credit cards, credit scores Kenley Young directs daily credit cards coverage for NerdWallet. Before that, he was a web editor and producer of digital content for Fox Sports, and before that , a front page editor for Yahoo. He has a wealth of experience in both digital and print media. This includes periods as an editor at the copy desk, a wire editor and an editor of the metro at The McClatchy newspapers chain. Email:

. The majority of products we feature are made by our partners who pay us. This impacts the types of products we review and where and how the product is featured on a page. However, it does not influence our opinions. Our opinions are our own. Here’s a list and . This Pay & Split feature in the American Express mobile app lets eligible cardholders send funds to split purchases with, anyone Venmo or PayPal user at without cost. So if you’re not carrying cash at the moment, or you’re a few bucks short it’s possible to use your credit card to avoid awkward conversations when dividing up a bill and also allowing you to pay the bill in a more convenient manner. Additionally, you’ll be able to reduce transaction costs while doing it. This option is available only for U.S. consumer credit cardholders. Here’s how it works. >> MORE: Send & Split: The basics The name of the feature indicates, there are two possibilities that can be used — splitting and sending. To use either option you’ll need to sign up by signing into the AmEx application, then going to the account tab and choosing the “Send and split” option. Once enrolled, you’ll have connect the account to either Venmo and PayPal account to be able to transfer or receive money. >> MORE How to transfer money using ‘AmEx Send’ It is possible to send money through the AmEx application, Venmo app or PayPal app. If you choose any of these options, the money will be funneled via the “AmEx Send” account that is created automatically when you enroll in Send & Split. Transferring money using the AmEx application This option permits you to use your AmEx card to transfer money to any PayPal or Venmo client without having to pay the standard fees that apply to credit card payments. (Normally, if you were to use a credit card in this manner through PayPal or Venmo you’d be charged a fee of about 3 percent.) You can transfer funds to your AmEx Send account in a flash using your AmEx credit card and send the money to any Venmo or PayPal user. The amount you deposit will appear as a transaction on your credit card statement and will be treated as the purchase. But, you won’t get any reward points for the transaction. Terms apply. AmEx restricts the amount you can add to your AmEx Send account. That amount is identified in the application as “Available to add.” AmEx says it is determined by your card’s “rolling 30-day person-to-person transaction limit set in your card’s membership agreement” and it’s dependent on AmEx approval. A handy tip: Most consumers who are eligible for a consumer card can increase their spending up to $2,000 on the AmEx Send account. The Platinum Card(r) from American Express can add up to $4,000 while the Centurion card could increase the amount to $5,000. Terms apply. You can only send someone up to $10,000 per transaction using your AmEx Send account. These transactions, too, are limited to a roll-over 30-day transaction limit. Terms and conditions apply. PayPal and Venmo could also restrict the amount you can send. Making money transfers through the Venmo or PayPal app to send money via Venmo or PayPal you must add funds into the AmEx Send account to Venmo or PayPal and proceed to send money as you normally would using these apps. To make the payment change your payment method to the AmEx Send account. The balance that you’re sending must exceed the value that’s in the Venmo balance. If not the Venmo balance will become the preferred payment method. >More: How to split purchases using ‘AmEx Split’ With this option, you can make a purchase using your card — and earn the full reward of the purchase and then split the cost among other Venmo as well as PayPal users. There is no cost for the splitting of purchases. In the AmEx app, you select one purchase or multiple items to share with up to 20 persons. You can divide the cost equally or create a custom allocation. These people will receive an invoice from Venmo or PayPal in the same way they typically do. When they pay you back, you have the option of whether you’d like the cash to be transferred directly into your card as credit to your statement or in a PayPal or Venmo account. Be awarethat if you’re not reimbursed, you’re still responsible for the charges on the card. The original transaction could be subject to interest or fees. The terms and conditions apply. For an expense that is significant and you can’t pay off completely, then the amount of interest may chip off the value of any benefits derived through the purchase. If this was the reason you were using for covering the bill, it defeats the point. To keep your finances in check, you should only use this feature to split the cost of purchases with trusted people to pay you back. A Nerdy tip AmEx send and AmEx Split are compatible with any Venmo or PayPal user. They do not also have the requirement to be American Express cardholders. More information about the writer: Melissa Lambarena is a credit cards author at NerdWallet. The work she writes for has been featured by The Associated Press, New York Times, Washington Post and USA Today. Similar to… Choose the right credit card for you. If you’re looking to pay less interest or earn higher reward points, the right card is available. Answer a few simple concerns and we’ll refine down the search for you. Explore even more in Credit Cards Discover more intelligent money moves – direct to your inbox. Sign up and we’ll send you Nerdy posts on the money topics that matter most to you along with other ways to help you get more out of your money. Make all the right financial decisions

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