Introducing flexible payments with Divvy

We’re excited to introduce a new Extended Payment Terms program to Divvy. Fill out the form if you’re interested in joining the alpha program.

Want early access?

Divvy now offers more options to pay off your balance with Pay Later Plans.

Want to learn more?

Here’s how it works

Pay now & earn rewards

Pay off your balance within five days of when your billing cycle ends, and you’ll still earn all your rewards.

25 days to pay, no interest or fees

Carry your balance up to 25 days, interest free, no fees, but forego earning your rewards.

Pay Later Plans for more flexibility

Pay at least your minimum amount and create a Pay Later Plan with the remaining balance for up to 3 months. Pay Later Plans include a monthly fee.

*Calculations above are based on a 2% fee. Your monthly fee will range between 1.5 – 2.5% of the planned amount, and is determined based on factors such as credit history, worthiness, payment history, etc.


How do rewards work for the Extended Terms Alpha Program?

As part of the Alpha Program, you’ll also be participating in our new rewards program. You can learn more about the new rewards here: You’ll earn points when you pay your full balance in the Early Pay Window (the first five days after your billing cycle ends). If you choose to carry a balance after the Early Pay Window, you won’t receive any points for your previous cycle’s spend.

How much of my balance can I roll into Pay Later Plans?

You’ll be assigned a “Pay Later Limit” which is the maximum amount you can carry over into Plans at one time. This will be between 10-90% of your credit line as determined by a variety of factors, such as your creditworthiness, payment history, credit limit, etc. Assuming your account is current and you’re making your payments, you can continue rolling a portion of your balance into new plans. However, the total balance of all your plans can’t exceed your Pay Later Limit.


For example, if your Pay Later Limit is $30,000, you could create three Pay Later Plans of $10,000.

How is the minimum amount due calculated?

If you choose to not pay your full balance within the first five days after the cycle ends, then on or before the 25th you can choose to pay your minimum due, your full balance, or any amount in between.


Your minimum amount due is calculated as your Total Balance – Pay Later Limit + Plan Balance (or the total amount you have remaining in Pay Later Plans).


For example, If you have a Total Balance of $100,000, a Pay Later Limit of $30,000, and you have $15,000 in a previous Pay Later Plan, the minimum amount due would be:


$100,000 – $30,000 + $15,000 = $85,000

How much is the monthly fee for Pay Later Plans?

Each payment of your Pay Later Plan includes a monthly fee of between 1.5 – 2.5% of the Pay Later Plan amount. Your fee will be determined based on a variety of factors such as your creditworthiness, payment history, credit limit, etc.

What if I pay off my Pay Later Plan early?

Currently, there is no benefit to paying off your plan early. If you select a three month payment plan, you’ll be responsible for paying the total fee amount even if you pay the plan back in one month or three months.

When do I pay my monthly Pay Later Plan payments?

The monthly plan payments will be included as part of your minimum amount due on subsequent statement due dates. For example, if I create a two month plan for $10,000 on April 25th, the plan payments would be due May 25th and June 25th.

See how much Divvy can save you.