We have removed the references to Croatian Kuna (HRK) as a result of Croatia joining the Eurozone on January 1, 2023. You can also view these changes by clicking ‘Legal’ at the bottom of any web-page and then selecting ‘Policy Updates’. You can find details about changes to our rates and fees and when they will apply on our Policy Updates Page. Amex does all the math and keeps track of who has and hasn’t paid you back yet, but you are still responsible for the full purchase.Download printable PDF Last Updated: 01, January 2023 You can choose to have that money applied as a statement credit or deposited into your Venmo or PayPal account. Venmo and PayPal then send out requests for payments. The App automatically divides the charge evenly, but you can adjust amounts manually as needed. To split purchases: Using the App, tap on any pending or posted charge and tap “Split It.” Then select up to 20 contacts to receive a payment request, entered manually or from your contacts. Once sent, the recipient should receive the money in their Venmo or PayPal account right away. You can also send money in the Venmo or PayPal app by selecting your “Amex Send Account” as your payment method. If you don’t have enough funds in your Amex Send Account, you’ll be prompted to instantly add money from one of your American Express Cards. Tap to review and then complete the transaction. To send money: Once you’ve enrolled in Send & Split and your Send Account is set up, go to the “Account” tab in the App and select “Send & Split.” Within the “Send” tab, tap “Send Money.” Enter the person you want to send money to, either manually or from your device’s contact list, and enter the amount of money you want to send. Link your Venmo and/or PayPal accounts.Download the Amex App on your smart device.Just remember: You’re responsible for the full purchase amount whether payment requests are accepted or declined, and American Express is not responsible for ensuring that money is paid back. And in either scenario, you still receive all the eligible rewards for the purchase. If one of your co-workers only gets a drink, for instance, Amex divvies up the amounts and you can easily adjust so everyone pays just what they owe. Better yet, this feature can be even more useful when splitting uneven amounts. Split evenly, you end up paying only $20 after everyone pays you back, and the funds seamlessly go back to your card account. You put the $200 expense on your personal Credit Card and then use the Amex App to split up the amount and send out requests via Venmo and PayPal. The best part? You’ll get all the rewards you’d typically earn for the purchase – regardless of whether you earn Membership Rewards ® Points, miles, hotel points, or cash back.įor example, imagine you and nine of your co-workers go out to lunch. When those users pay you back, you can choose to get paid back directly to your Card Account as a statement credit, or to your linked Venmo or PayPal account. However, it’s important to remember that you won’t earn rewards when adding money to your Send Account.Ĭard Members can also seamlessly split their Amex Card purchases with other Venmo and PayPal users. Most American Express Card Members can add up to $2,000, whereas those with The Platinum Card ® may add as much as $4,000, and those with The Centurion ® Card can add up to $5,000. Note that there are limits to the amount you can put on your Send Account. PayPal may charge for transactions outside the United States, however. Considering that fees are generally 3%, that can add up to notable savings – especially if you’re often paying back friends and family for dinner, drinks, or other purchases. Any balance loaded to your Send Account appears as a charge on your Credit Card and is subject to the APR of other purchases on your billing statement – in other words, it’s not treated as a cash advance, and you won’t have to pay cash advance fees.Īnd more good news – you won’t incur the standard credit card fees charged by Venmo or PayPal. You can then add money from your American Express Card to your “Amex Send ® Account” and then send that money to Venmo or PayPal users of your choosing. First, you’ll need to enroll in Send & Split ®, which can be found in the “Account” tab of the Amex App. Yes! Eligible Card Members can use the American Express App to send money to any Venmo or PayPal user.
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