American Express India introduces PayFlexi

By | July 22, 2019

As you might know, American Express is the only credit card provider in the country to issue charge cards without a limit. While that’s good, the downside is, you can’t carry forward the balance to next month as you’re supposed to clear 100% of the due by due date.

As some card holders expected an EMI option, Amex issued the gold credit card / MRCC as a free companion card, which is similar to Gold Charge card except that its a credit card, so you can carry forward the balance or convert to EMI. But again with companion card, you need to manage multiple cards and once you’re with MRCC, you’re less likely to use the Gold charge card.

What is Amex PayFlexi

So finally Amex has come up with a new option called PayFlexi that alows you to transfer the outstanding from your Amex Gold charge card to any other Amex credit cards that you hold.

Remember this allows to transfer only the outstanding on Gold charge card only and not on Plat Charge card. I tried with one of the plat charge and it didn’t go through. They may have different offer/option in future though.

Payflexi EMI Options

The rate of interest above is highly competitive in the credit card industry and is infact as low as an Auto Loan. Not to forget, even the regular EMI option on Amex cards are very attractive.

How to Payflexi Works?


While going for EMI or balance transfer is not something I would recommend in the world of credit card rewards, its still good to have options so that you may use it when there is a need.

Author: Siddharth

A Credit Card addict, minting reward points & air miles for years. Obsessed with aviation, airport lounges and luxury hotels. Helping Indians choose a right credit card and enjoy luxury travel at affordable cost.

11 thoughts on “American Express India introduces PayFlexi

  1. Shreekanth Venkatachalam

    Hello Sid,

    First of all thank you for providing this valuable and outstanding service. I hold Amex MRCC card. Can i apply for Gold Card and use both the cards? I mean does Amex allows a person to hold two multiple cards? And if so will i b able to transfer card outstanding from gold to MRCC?

    Thumbs up to this website.

    1. Siddharth Post author

      – Amex Limit: 1 Charge Card + 2 credit cards
      – Yes, you should be able to transfer

  2. rahul buddala

    How does the eligibility work? I have a gold card and MRCC credit card , and it says I’m not eligible.

    1. Siddharth Post author

      It seems they made only select Gold cards to be eligible for it, for now.

  3. T Suresh

    Am holding gold charge card is it eligible for flexi pay option

  4. Shri

    Any suggestions on what the path should be for someone moving from US back to India? I still hold AMEX platinum, Citi Prestige and Chase Sapphire reserve card but I know Chase Bank isn’t here in India.

    What are some of the premium cards I should go for?

    1. Amex Guy

      Global transfer your Plat. Dump US Prestige (You should have already tbh). Do NOT close CSR unless fee is about to hit soon. Your next two cards should be Citi Prestige (Indian) and DCB.

      Oh, and keep your US Plat until when you’ve paid fee. Having two country’s Plat is helpful during moving as you get discounts both ways through IAP. Then downgrade it to Everyday or something.

      1. Shri

        I had Citi Gold hence the fee on Prestige is essentially $100. Although with new devaluations coming in Sep, it doesn’t make sense to keep it. CSR I will keep it, too valuable due it’s awesome partners.
        I’ll look into Global Transfer for Plat.

        Thanks! I figured DCB would be good based on my little bit of research. But Citi Prestige I’ll think about it.

        I should have jumped at the opportunity when Citi offered me to upgrade from premiermiles. But when I saw the devaluation from 1:1 to 2:1, I transferred everything and also ended up moving to States and didn’t think prestige (Indian) would have helped.

  5. wah

    can i able to apply to get gold card and mrcc or plat travl in one application.

  6. Kunal Chauhdary

    I am holding a gold card and a rewards card. Still, i am not eligible


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