The Deal
- There’s a new Venmo/PayPal Amex Offer:
- 1. Enroll in Send & Split.
- 2. Split a transaction in the Amex App with Venmo or PayPal users (tap any charge, then tap ‘Split It’).
- 3. Once you’re paid back at least $15 to your Amex Card by your friends, we’ll give you an additional $5 credit to your enrolled Card.
Key Terms
- Expires January 17, 2023.
- Once enrolled, you may earn the bonus credit by: (i) splitting a charge on your Card using Send & Split; and (ii) being paid back to your American Express Card by Venmo/Paypal users in the form of a statement credit in the amount equal to or greater than $15 by 1/17/2023.
- Limit of 1 enrollment per Card Member.
- After you enroll an eligible Card, you will not be able to enroll additional Cards that you may have.
- Send & Split allows you to send money to and split purchases with friends and family who have Venmo or PayPal accounts. To use Send & Split, you must first enroll and link your Venmo and/or PayPal account. Once linked, you have access to two distinct features: (1) An Amex Send Account to send money to other Venmo or PayPal users; and (2) The ability to split your American Express Card purchases with other Venmo or PayPal user(s) and get paid back directly to your Card as a statement credit.
- Please note that not all charges on your Card are eligible to be split through Send & Split. Cash advances; balance transfers; transactions for the payment of fees and charges such as interest, annual fees, and foreign currency conversion fees; and transactions that are in dispute are not eligible transactions for Send & Split.
- You are unable to use Send & Split to split transactions once you have exceeded your limit for splitting transactions, or if Send & Split is not available.
- For more information on how Send & Split works, please visit americanexpress.com/sendandsplitfaqs.
- Each time you split an eligible transaction and get paid back $15 or more to your Card, you will receive an additional $5 statement credit from American Express on the Card you enrolled with, up to 3 times (total of $15).
- You may not receive the statement credit if: (i) you choose to get paid back to your Venmo or PayPal balance instead of to your Amex Card as the form of a statement credit (ii) the payback amount is less than $15. (iii) you are not paid back before the end of the offer term. (iv) you cancel the request. (v) the requestee declines or does not fulfill your request. (vi) your split request does not result in a credit back to your Card including, without limitation, because your Venmo or PayPal account had a negative balance; (vii) your split request is not applied to your Card or rejected for including, without limitation, suspicion of fraud, money laundering, illegality or other reason; (viii) you request from your own Venmo or PayPal account.
- You are limited to one $5 bonus statement credit per split up to 3x. For example, if you split a transaction with more than one person, you will only be eligible to get the $5 bonus statement credit once.
- Limit of 3 (total of $15) statements credits issued by American Express per Card Member.
Tips & Ideas
I’m assuming you could buy a $20 gift card with an enrolled Amex card, split the payment with someone else (e.g. your partner) with them repaying you $15 and you’ll get a $5 additional statement credit from this Amex Offer, thereby saving you 25%. It’s not a huge win, but it should be a fairly easy $15 by doing this deal three times.