📋 Tender Overview
As part of the Plan It experience for U.S. Consumer Card Members American Express continues to innovate around the popular buy now pay later feature that is included as part of the Card Members account evolving the experience based on customers changing needs and their desire for a simple and seamless way to access payment flexibility.The company is now bringing this feature to Delta Air Lines as a new checkout option on delta.com marking the first time Plan It is being offered at a partners point of sale.Plan It is available to eligible American Express U.S. Consumer Card Members and gives them the ability to pay for purchases of 100 or more in monthly installments with a fixed fee. Card Members can choose the best plan that works for their financial needs and manage their plans directly through their online account or the Amex App. Usage of Plan It has grown since its launch in 2017 with the volume of plans created in Q4 2021 more than doubling compared to Q4 2020. Seeing an interest from consumers in using Plan It for travel-related purchases the company expanded the feature to AmexTravel.com in 2021 to help Card Members pay for travel bookings made through the site. American Express is continuing to meet this need by bringing Plan It to delta.com just in time for summer travel. According to an American Express study1 80 of travelers surveyed agree they need a relaxing vacation now more than at this time last year.Since 2017 we have continuously evolved Plan It to meet Card Members desire for more flexibility in how they pay. As part of our ongoing research we know that Card Members want to use this feature for travel and adding Plan It to delta.com makes it even easier to pay for Delta flights in a way that works for them. The growth of Plan It has been strong and our focus on innovation is not stopping said Anthony Cirri Executive Vice President Global Consumer Lending and Cobrand American Express.Unlike many other buy now pay later solutions Card Members can use Plan It on any eligible online or in-store purchase of 100 or more after they are posted to their eligible US Consumer American Express Card. They do not need to take on an additional line of credit or submit a new application for a loan. They can also earn rewards the way they usually do and use the protections that come with their Card.
