Why U.S. Bank ExtendPay® Plan?

Big purchases. Unexpected purchases. Splurges. Whatever you’re buying, you’re in control of your finances. Now with U.S. Bank ExtendPay Plan, use your flexibility to add more possibilities.

No set-up fee

There are no fees to sign up and get started.

Earn rewards

Keep earning your same great rewards on your U.S. Bank Credit Cards.3

No interest

Make equal monthly payments with no interest4 during your chosen repayment period — just a small, fixed monthly fee.

No credit check

Just choose which recent eligible credit card purchases you want to extend. It’s as easy as that.

Flexibility

Choose the plan that works for you with 3, 6, 12, 18, and 24 month repayment options.5

No application required

Simply visit your credit card dashboard and select U.S. Bank ExtendPay® Plans to check for qualifying purchases.

Step by step enrollment experience

Step 1: Make a purchase of $100 or more using your U.S. Bank Credit Card.

Step 2: Log in or sign up for online banking. Visit your credit card dashboard and check for eligible purchases.

Step 3: Move one or more eligible purchases to U.S. Bank ExtendPay® Plan where you can make equal monthly payments with no interest4 during your chosen repayment period, just a small, fixed monthly fee.

Sign in

With U.S. Bank ExtendPay® Plan you’re in control of how and when you pay

Watch the video to learn about all the benefits of U.S. Bank ExtendPay® Plan and learn about your payment plan options.

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Frequently asked questions

FAQ apply to ExtendPay Plans set up on or after 4/1/22.

 

U.S. Bank ExtendPay® Plans provide a new payment option that allows you to divide eligible credit card purchases into affordable monthly payments with no interest – just a fixed monthly fee.

No. An ExtendPay Plan doesn’t increase your card’s available credit. It gives you a payment option to help make budgeting easier.

If your credit card account is eligible for an ExtendPay Plan, you’ll receive a notification via email, or you’ll see ExtendPay Plan options when viewing your card account details or eligible transactions online. The only purchases eligible for an ExtendPay Plan are those that were made within 60 days prior to signing up for ExtendPay, are over $100, and are less than your purchase balance when you sign up for ExtendPay.

ExtendPay Plan eligibility may change based on your credit card account activity.

If your business card account is eligible for an Bank ExtendPay Plan, you’ll receive an email notification, or you’ll see ExtendPay Plan options in your account online. Only your company’s Authorized Officers (AO) can enroll in an ExtendPay Plan. If your company’s card program is set up with central billing, ExtendPay-eligible transactions can be selected by the AO when viewing the central billing account (which includes transactions made on employee cards). For companies with individual billing, the AO can only select transactions they made on their own card account.

Eligible cardmembers can start their ExtendPay Plan enrollment in a few different ways:

  • Using the link in their ExtendPay Plan invitation email
  • By going to their card account details online
  • Within the transaction details of their eligible purchases

From here, you’ll choose which purchases to bundle and the length of your ExtendPay Plan. Confirm your details, agree to the terms and you’re set! We’ll reach out via email once your enrollment’s been confirmed.

Additional information about ExtendPay Plans, including your eligible purchases and maximum plan amount, will be provided at the time of enrollment.

After creating an ExtendPay Plan, it can take 24 to 48 hours for it to appear in your account.

Yes. Your eligible purchases will still earn any rewards your credit card would otherwise offer.

You can have as many ExtendPay Plans open as you want - up to 50% of your credit line - as long as your account meets the necessary requirements.

ExtendPay Fees are fixed fees you will pay each month when you have an outstanding balance in an ExtendPay Plan. ExtendPay Fees are calculated based upon the plan’s original principal amount, your credit card’s Purchase APR and other factors. They’re calculated and shown to you at the time of enrollment.

You can choose from a range of repayment options depending on the total amount of your ExtendPay Plan:

  • 3-month option for ExtendPay Plan from $100 to $1,999.99
  • 6-month option for ExtendPay Plan from $100 to $4,999.99
  • 12-month option for ExtendPay Plan from $100 up to 50% of credit line
  • 18-month option for ExtendPay Plan from $2,000 up to 50% of credit line
  • 24-month option for ExtendPay Plan from $5,000 up to 50% of credit line

No. Once your ExtendPay Plan has been confirmed, it will remain active until the balance is paid in full. Plan lengths are final and can’t be changed. However, there are no penalties for early payoff.

You may pay off your ExtendPay Plan balance early by paying your credit card balance in full. That includes any account activity since the previous statement – even pending transactions. To successfully pay your full balance, wait for any pending transactions to post to your account before making your payment.

Once you’ve paid your ExtendPay Plan balance in full, your ExtendPay Plan is completed, and no further ExtendPay Fees will be charged.

Your ExtendPay Plan will cause your monthly Minimum Payment to increase. Until the ExtendPay Plan is paid in full, your monthly Minimum Payment calculation will include your regular monthly payment amount (based on non-ExtendPay Plan balances) plus the monthly ExtendPay Plan principal and monthly ExtendPay Fee. See the “Minimum Payment” section of your Cardmember Agreement for more information.

For new ExtendPay Plans - set up April 1, 2022, or later - your payments are included in your credit card’s minimum monthly payment. If you set up multiple new ExtendPay Plans, they will all be included in your total minimum monthly payment. Another option would be to pay your Plan Adjusted Balance, which is the amount you need to pay on your account each month to avoid any interest charges on new purchases during that statement period. It includes your monthly ExtendPay payment due plus the non- ExtendPay portion of your remaining statement balance. You can manage your payments from your account dashboard.

For U.S. Bank ExtendPay® Plans set up before April 1, 2022: Your ExtendPay Plans are a separate account from your credit card account and will appear under Loans, lines and leases in your account dashboard via online banking or the mobile app. You can view your plan balance and manage payments there.

If your autopay preferences are set up to pay more than the minimum payment due, you may want to adjust your payment amount. If your existing autopay preferences would pay off your entire statement balance, you’ll be prompted to update your preferences before you confirm your U.S. Bank ExtendPay® Plan.

You can adjust your autopay preferences at any time after setting up an ExtendPay Plan. If your automatic payment is scheduled within three business days from the date you requested the modification, we are unable to cancel or adjust the amount of that payment. Future autopay payments will reflect your requested adjustment.

If you have a U.S. Bank ExtendPay® balance, the “Plan Adjusted Balance” is the amount you must pay on your Account each month to avoid paying interest on new purchases. It includes your monthly ExtendPay payment due plus the non-ExtendPay portion of your remaining statement balance. Check your Cardmember Agreement for full details.

Yes. If you pay your previous statement balance, or Plan Adjusted Balance, in full by your payment due date each month, you have a 24- to 30-day interest-free period for new purchases. See your Cardmember Agreement for more information.

Any late or missed payments are subject to late fees and may result in account closure. Any unpaid balance remaining on your ExtendPay Plan after the chosen pay-back period becomes subject to the APR and minimum payment calculation for purchases outlined in your Cardmember Agreement.

If a purchase you’ve selected for an ExtendPay Plan is refunded by the merchant, the returned amount will be credited to your current credit card account balance. Since the refund won’t specifically be applied to the ExtendPay Plan, your ExtendPay balance and monthly minimum payment will not change unless your current balance is paid in full, including any activity on your credit card account since the previous statement.

You can dispute purchases that are in an ExtendPay Plan the same way you dispute other credit card transactions. When you dispute or claim fraud on a purchase that’s in an ExtendPay Plan, your ExtendPay Plan will be reduced by the disputed amount, and all fees paid to date for the disputed transaction will be credited to your ExtendPay Plan. Any prior payments made to your ExtendPay Plan for the disputed transaction will be credited to your revolving balance. Your next statement will reflect your adjusted fixed payment amount.

If the disputed transaction rebills for any reason, it will be set up in a new ExtendPay Plan with the original term length and billed the same monthly fee for the transaction.

Don’t see your question? Give Cardmember Service a call by using the number on the back of your card and a representative will be happy to help.

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Disclosures

U.S. Bank may change APRs, fees and other account terms in the future based on your experience with U.S. Bank National Association and its affiliates as provided under the Cardmember Agreement and applicable law.

From time to time we may offer to you the benefit of our ExtendPay® Plans, which allow you to pay off balances in fixed monthly payments over time and still avoid paying interest charges on new Purchases.

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  1. You may designate up to 50% of your credit card line ($100 minimum) in eligible credit card purchases and pay in monthly installments with just a small fixed monthly fee. Only Purchase balances are eligible for U.S. Bank ExtendPay® Plans. Transactions identified as Advances or Balance Transfers (as defined in your Cardmember Agreement), and any interest or fees, including Annual Fee, do not apply. The only Purchases that will appear as "Eligible Purchases" in the enrollment process are Purchases that were made within 60 days prior to signing up for an ExtendPay Plan, are over $100, and are less than your Purchase balance when you sign up for an ExtendPay Plan.

  2. The monthly fixed fee will be determined when your U.S. Bank ExtendPay® Plan is created and is provided to you before you complete setting up an ExtendPay Plan. This fee will remain the same until the ExtendPay Plan is paid in full. The monthly fixed fee of the ExtendPay Plan is based upon the original principal amount, Purchase APR, and other factors.

  3. Your eligible purchase will still earn any rewards your credit card would otherwise offer. Refer to your Cardmember Agreement for details.

  4. Any unpaid balance remaining on an ExtendPay Plan after the chosen pay-back period will be subject to the APR and minimum payment calculation for purchases outlined in the Cardmember Agreement.

  5. Durations may vary depending on your ExtendPay Plan amount.

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When you set up a U.S. Bank ExtendPay® Plan, the total monthly payment obligation will be included in your monthly Minimum Payment. If you have any ExtendPay Plan balances, you may avoid interest charges on new Purchases by paying the Plan Adjusted Balance in full each month. (The Plan Adjusted Balance is your non-ExtendPay Plan balance plus the total monthly ExtendPay Plan payment, not including any disputed amounts.) You may pay the ExtendPay Plan balances off early by paying your current balance in full, which includes activity on your Account since the previous statement, including any pending charges. You will see the ExtendPay Plan in your credit card dashboard in Online Banking and the U.S. Bank Mobile App. An ExtendPay offer may be withdrawn based on activity on your credit card account after the offer was made. If you are not eligible for this offer, you will not be able to access the enrollment site.

For U.S. Bank ExtendPay® offers to small business accounts: only you, as your company’s Authorized Officer (AO), may enroll in an ExtendPay Plan. All references to "you" and "your" apply to you as the AO. If your company's card program is set up with central billing, you may select ExtendPay-eligible Purchases when viewing the central billing account (which includes Purchases made on employee cards). If your company is set up with individual billing, you may only select Purchases made on your own card account.

The creditor and issuer of these cards is U.S. Bank National Association, pursuant to separate licenses from Visa U.S.A. Inc., or Mastercard International Incorporated or American Express, and the card is available to United States residents only. Mastercard is a registered trademark, and the circles design is trademark of Mastercard International Incorporated. American Express is a federally registered service mark of American Express.