As the socially distanced holiday season draws near, American Express is making it easier for its cardmembers to send money and split purchases with family and friends.
Send & Split makes it possible for eligible US cardmembers to send money to any other PayPal or Venmo customer right in the American Express App, giving them more flexibility in how to send money.
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Cardmembers can also split their purchases with PayPal and Venmo customers and get paid back directly to their Card.
It’s easy to use and simple to set up.
Sending money
US cardmembers can send money to friends and family in the US via PayPal or Venmo, without paying a fee.
When you enrol in Send & Split, an Amex Send Account is set up for you automatically. You can add funds to that account any time with your American Express Card and send money to any other PayPal or Venmo customer.
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By GlobalDataThis means cardmembers can send money now and pay back later.
Check out the video below to see how it works:
Splitting purchases
With Amex Split, after you make a purchase on your Card for a shared expense – such as a holiday gift for your mum that you are splitting with your siblings – you can seamlessly split it with other PayPal and Venmo customers and get paid back directly to your Card as a statement credit.
In the Amex App, you choose any pending or posted purchase that you’d like to split.
Amex can split up the purchase amount evenly for you, or you can adjust the individual portions, so everyone is requested to pay just their portion.
You can track those requests right in the Amex App to see who’s paid you back (and who hasn’t) giving you a consolidated view of your spending and splitting.
Even though you’re splitting the purchase, you earn all the rewards for the purchases you split in the same way you earn rewards for other purchases.
See how Split works yourself:
