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What is AmEx Send and Split and how does it Work? Advertiser disclosure You’re our first priority. Everytime. We believe that every person should be able to make financial decisions without hesitation. And while our site does not feature every business or financial product available in the marketplace We’re pleased that the advice we provide and the information we offer and the tools we create are objective, independent, straightforward — and free. So how do we make money? Our partners pay us. This could influence which products we review and write about (and where those products appear on our website), but it doesn’t affect our advice or suggestions that are based on hundreds of hours of study. Our partners cannot pay us to guarantee favorable reviews of their products or services. . What Is AmEx Send & Split and How Does It work? The feature lets you send people money with no charges for transactions, or divide bills from within the AmEx mobile app. By Melissa Lambarena Lead Writer | Credit cards, credit cards, Melissa Lambarena is a lead writer for the credit card group at NerdWallet. She has been a passionate writer covering topics related to credit cards for more than six years. Her prior experiences include nine years as an author for various publications and websites. In her writing, she aims to help readers extract the value of credit cards to meet financial goals like expanding their budgets, building credit, traveling to their dream destinations, and paying off debt. She writes about these topics along with others in the Millennial Money column featured in The Associated Press. Her writing has also been featured on The New York Times, Chicago Tribune, The Washington Post, USA Today and Yahoo Finance, among others. Melissa has a bachelor’s degree of sociology, from The University of California, Los Angeles. Oct 13, 2022 Edited by Kenley Young The editor who is assigned Credit score, credit cards Kenley Young is the director of daily credit cards coverage for NerdWallet. Before that, he was a web editor and digital content producer at Fox Sports, and before that , a front page editor for Yahoo. He has years of experience in digital and print media, including times as chief of the copy desk as well as a wire editor, and metro editor for The McClatchy Newspaper chain. Email:
. Many or all of the products we feature are made by our partners who compensate us. This influences which products we review and where and how the product appears on a page. But, it doesn’t influence our evaluations. Our opinions are entirely our own. Here is a list of and . The Pay & Split feature in The American Express mobile app lets users with a valid card pay funds to share purchases with, any Venmo or PayPal user at no cost. So if you’re not carrying cash at the moment or are only a couple of dollars short, you can lean on your credit card to avoid awkward conversations while splitting a bill and allowing you to pay off the balance in a more convenient manner. Additionally, you’ll be able to reduce transaction costs while doing it. This option is only available for U.S. consumer credit cardholders. This is how it operates. >> MORE Send and Split: The basics The name suggests that there are two options — sending and splitting. To do either you’ll need to register by signing into the AmEx app, clicking on the account tab, and then selecting the “Send and split” option. After you’ve been enrolled, you’ll be required connect your Venmo as well as PayPal account to transfer or receive money. More Information on how to send money with ‘AmEx Send’ It is possible to send money through the AmEx App, Venmo app or PayPal app. If you choose any of these options it is routed into the “AmEx Send” account that will be created automatically once you enroll in Send and Split. Sending money from the AmEx application This feature allows you to make use of your AmEx card to send money to any PayPal or Venmo client without having to pay the usual that would apply to credit card payments. (Normally, if you were to make use of a credit card such as PayPal or Venmo, you’d incur a fee of about 3 percent.) You can add money to your AmEx Send account immediately using your AmEx credit card and then transfer it to any other Venmo as well as PayPal user. The funds you transfer will appear as a transaction on your card’s statement and is treated like an actual purchase. However, you will not get any reward points for the transaction. Terms apply. AmEx limit the amount you can add to an AmEx Send account. This amount is noted in the application as “Available to Add.” AmEx notes that this amount will be determined using the card’s “rolling 30 day limit on transactions per person that is in your card’s member agreement” and is contingent upon AmEx approval. The majority of eligible consumer cardholders can increase their spending up to $2,000 on their AmEx Send account. In addition, the Platinum Card(r) offered by American Express can add up to $4,000, while the Centurion card can add up to $5,000. Terms apply. You can only send someone up to $10,000 per transaction from the AmEx Send account. These transactions, too are restricted to an ongoing 30-day limit on transactions. Terms apply. PayPal and Venmo may also limit how much you are able to transfer. Paying via Venmo or PayPal is not recommended. Venmo or PayPal app To send money through Venmo or PayPal make sure you add money in the AmEx Send account to Venmo or PayPal and proceed to send money as you normally would using these apps. To complete the transaction change your payment method into the AmEx Send account. The amount you’re sending must be greater than the amount that’s in your Venmo balance. If not your Venmo balance will become the default payment method. >> MORE: How to split purchases using “AmEx Split With this option, you can make a purchase using your credit card and earn all the rewards from the purchase — and then share the cost between others Venmo and PayPal users. There is no cost for splitting purchases. With the AmEx application, you can choose a single purchase or multiple purchases that you can split among up to 20 people. You can split the cost evenly or set a custom allocation. The people who have an invoice from Venmo or PayPal like they normally would. When they pay you back, you are able to choose whether you’d like the cash to be transferred directly to your credit card as credit to your statement or in an PayPal or Venmo account. Be awarethat if you don’t get reimbursed, you’re still responsible for the amount charged to your credit card. The original transaction could be subject to interest or fees. Terms apply. If you have a large expense isn’t paid in full, the expense of interest could chip away at any reward you earn by the transactions. If that was the incentive for covering the expense, it isn’t the purpose. To ensure your finances are in order, utilize this feature to share purchases with people you trust to repay you. The Nerdy Tips AmEx Split and Send AmEx Split are compatible with any Venmo or PayPal users; 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. Her work has been featured on The Associated Press, New York Times, Washington Post and USA Today. In a similar vein… Choose the right credit card for you. Whether you want to lower your interest rate or earn more reward points, the right card is available. Simply answer a few inquiries and we’ll be able to narrow the results for you. Get even deeper into Credit Cards Find out more money-savvy moves – direct to your inbox. Join us and we’ll send you Nerdy content on the financial topics that matter most to you along with other ways to help you get more from your money. 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