PopiLopi wrote:I'm able to pay off my balance and I'm assuming you can too, but not everybody has the same financial situation. I'm not saying carrying balances is good, i'm against that myself, but I see the future useful for somebody financially vulnerable. Obviously that person has to use with discipline to avoid it becoming a bad habit
I stated "why develop a bad habit if you are able to pay off your card?" because it is assumed that Amex charge card holders have a basic understanding of the cards origins of paying on full.
I'm sure Amex developed "pay over time" to increase revenue. I am also assuming that using this option frequently may raise a few flags questioning your worthiness. This is assumed because "pay over time" is not defined within Amex's charge card portfolio but rather their credit card portfolio.
In my opinion, if you are unable to PIF for an item/s don't use a charge card but use another lender who extended you a credit line.