About Pay Over Time (POT)

We understand life happens and we'll work with you to the best of our ability. All Possible Card customers can enroll in a Pay Over Time (POT) plan (temporary installment plan) for no extra cost to their account as long as there is a balance of at least $50 on the card and no pending payments.

The owed balance will be split into equal payments, and monthly membership fees will be added to payments that take place around the 1st of the month. The payment schedule will be based on your autopay schedule if already enrolled in autopay. If not already enrolled in autopay, this will need to be done first and payments will be based on the new autopay schedule. The amount of the final payment may adjust if there are any pending transactions at the time the POT plan is setup.

During this time period, the customer’s card cannot be used for purchases until the installment plan is paid off in full. Charges attempted to the card during this time will be declined. If you choose to enroll in an installment plan, Possible recommends updating your payment method with any merchants where you have pre-authorized recurring transactions via the Possible Card. If a pre-authorized recurring payment attempt to be charged and fails, the merchant may assess a returned payment fee which Possible will not be responsible for.


How to Enroll in Pay Over Time

If you need to convert to a payment plan, you can enroll in the app by navigating to the Card Dashboard and tapping the Switch to Pay Over Time button, located below the Upcoming Payments section. You will then enroll in autopay (if you’re not already enrolled), review the payment plan details and schedule, and agree to the plan.

If you need assistance with this process, you can reach out to us through the Contact Us form in the app and we can enable AutoPay and activate the POT plan for you.

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