ExtendPay Loans and Plans are new offers that allow you to divide certain transactions into affordable monthly payments, for a fixed monthly fee. There’s no interest charged during this period, and you get to choose the payback period. Your loan-duration options and monthly payment amount, including applicable ExtendPay fees, are calculated and shown during your ExtendPay Loan or Plan setup.

ExtendPay Loans are cash advances from the credit card account (up to 25% of your credit limit), which are transferred into a valid deposit account. Funds can only be deposited to an eligible, pre-validated account at a financial institution in the United States.

The amount is divided into monthly payments for the duration of the payback period. If you have a rewards credit card, these loans do not earn rewards, since the transaction is a cash advance.

ExtendPay Plans are offers that allow you to divide eligible credit card purchases into monthly payments for a chosen payback period. If you have a rewards credit card, these plans do earn rewards since the transaction is a purchase.