PayID new?

[Michael.B]

Just got my latest statement and noticed there is a new PayID option available now.

Credit Card Payments | How To Pay Credit Card Bill | AMEX AU

Paying your Credit Card bill is easy. Pay with the easy to use Amex App, online, via Direct Debit, BPAY or in person. Click now to pay your Amex bill.

www.americanexpress.com

Has anyone tried this yet?

 

[SeaWolf]

I think this is the first time I've seen any biller make PayID an available option.

 

[asterix]

I didn't have it listed on my AMEX statement from the end of January, but my other AMEX statement which was produced last night has got PayID listed as a payment option.

 

[thatsthatmattressman]

This is neat thanks mate. It said failed when I tried to activate .. coming back 5 minutes later it says in progress ..let's wait and see.

 

[0x012fd0aa]

strangely for my platinum it says
The system is not currently available

 

[thatsthatmattressman]

Okay after a couple of hours .. it is now active.


I just made a 1 cent payment ..hasn't shown up yet on my Amex account.

 

[thatsthatmattressman]

Payment has gone through via PayId .. not sure if it took overnight ..definitely more than 2 hours after that I gave up checking same day and looked this morning and it was there.

 

[Daddogguy]

Cool. That’s some decent modernisation from Amex AU
Trying to pay Amex Singapore is a tortuous nightmare

 

[thatsthatmattressman]

I think the payment does not show up though until next day .. i haven't had one land same day yet

 

[Be.au]

Just transferred $10 from Macquarie and it was there in 5 seconds.

 

[0x012fd0aa]

strangely for my platinum it says
The system is not currently available

now it's on my statement... And works fine

 

[kearvaigskewer]

My payments are coming through immediately - showing up in available balance and with the email confirmation but not the transaction listing until the next day.

 

[Brucetiki]

I’ve been using PayID for my Amex payments since it came out. I love it. As someone that pays whatever the balance is at the start of each day, the main benefit I see with PayID instead of BPAY is the update on your statement is daily, as opposed to next business day for BPAY.

Just wish the CommBank app would let you save email addresses in their app, instead of having to copy/paste the email address every time I make a payment.

 

[kerfuffle]

Just wish the CommBank app would let you save email addresses in their app, instead of having to copy/paste the email address every time I make a payment.

Westpac does this.

Source: I have three Amex PayIDs

 

[yeahitsme]

I’ve been using PayID for my Amex payments since it came out. I love it. As someone that pays whatever the balance is at the start of each day, the main benefit I see with PayID instead of BPAY is the update on your statement is daily, as opposed to next business day for BPAY.

As in you pay off what you spend each day? Whats the benefit of that?
G

 

[Brucetiki]

As in you pay off what you spend each day? Whats the benefit of that?
G

You don’t pay any interest and it ensures I don’t spend beyond my means.

 

[kerfuffle]

You don’t pay any interest and it ensures I don’t spend beyond my means.

Why just not pay the closing balance in one hit before the due date (and accrue interest in your savings account in the meanwhile)? If you're spending beyond your means, then you shouldn't be using credit cards.

 

[Brucetiki]

Why just not pay the closing balance in one hit before the due date (and accrue interest in your savings account in the meanwhile)? If you're spending beyond your means, then you shouldn't be using credit cards.

I have an offset account so don’t accrue interest anyway, so may as well keep the credit card balance close to $0 as often as possible.

 

[thatsthatmattressman]

I have an offset account so don’t accrue interest anyway, so may as well keep the credit card balance close to $0 as often as possible.

I’m with you Bruce .. 4 times a week I pay the card .. habit really. I totally get it doesn’t make sense! Kerfuffle good to see u on here I have watched your posts re Amex for a long time in OZBargain

 

[asterix]

I’m with you Bruce .. 4 times a week I pay the card .. habit really. I totally get it doesn’t make sense! Kerfuffle good to see u on here I have watched your posts re Amex for a long time in OZBargain

Each to their own. Mine are set to direct debit. I'm keeping my money in my account for as long as possible. I take advantage of the interest free period to the max.