The different fees often make or break a deal for a merchant. This is why many merchants, especially small businesses, don't accept American Express. American Express' interchange fee is just too high. Providers like Visa and Mastercard charge between 1.15% and 2.5%, while Amex charges merchants between 1.43% and 3.3%.
American Express is not popular among some consumers and merchants because it charges high interchange fees, causing Amex cards to be less widely accepted around the globe than Mastercard or Visa cards. These fees can be very costly to merchants.
Places Where American Express is Not Accepted: Cuba, Sudan, South Sudan, Iran, Syria. Major Retailers That Accept American Express: Amazon, IKEA, Sears, Target, Walmart, Lowe's, Apple, Best Buy, Staples, CVS. Major Retailers That Don't Accept American Express: Costco, small non-chain stores/restaurants.
Frequently asked questions. Do Woolies take Amex? Yes, Woolworths supermarkets in Australia accept American Express cards for payment. Do Bunnings accept Amex?
If your card gets declined, don't panic. It might be a simple user error or your card issuer trying to prevent fraud. But cards can also be declined if you've gone over your card limit or if your new card has not yet been activated.
“According to an American Express representative, 99% of U.S. merchants who accept credit cards also now accept AmEx.”
Yes, it's hard to get an American Express card because they all require good or excellent credit for approval. But American Express isn't the only credit card company to target people in the highest tiers of the credit score scale. Barclays and Wells Fargo do too, for example.
The different fees often make or break a deal for a merchant. This is why many merchants, especially small businesses, don't accept American Express. American Express' interchange fee is just too high. Providers like Visa and Mastercard charge between 1.15% and 2.5%, while Amex charges merchants between 1.43% and 3.3%.
Kmart has agreed to begin taking the American Express Card at nearly all its 2,400 stores nationwide by spring, the companies said Monday.
Shop now at Harvey Norman online. Choose your product (subject to terms and conditions) and select 'American Express Pay with Points' at the checkout. You can pay in full with points or pay in part with points and your American Express Card.
You can pay with a Visa, Mastercard or American Express credit or debit cards, or use PayPal.
Yes, McDonald's does take credit cards. Customers can pay with Visa, Mastercard, American Express, and Discover credit cards issued by a U.S. Bank at McDonald's locations. Credit cards can also be used when ordering through the McDonald's mobile app, as well as third-party delivery apps.
American Express is one of the leading card issuers in the United States. It's known for its top-notch customer service and some of the best rewards available. From ultra-elite business travel cards to everyday rewards, American Express has credit cards that are a good choice for many different types of cardholders.
Disadvantages of AmEx cards
One disadvantage of AmEx cards is that they charge both the seller and the buyer for processing a transaction. Since they do not rely on financial companies, such as Rupay, Mastercard or Visa, and have their own payment network, they charge additional fees on the transactions.
But in terms of comparing eligibility requirements for Visa, Mastercard, and American Express, American Express may be the hardest issuer to qualify for as most cards require applicants to have a “good” credit score of at least 670 to qualify.
High Fees and Slow Funding – But Not Anywhere
Not surprisingly, this was a major turn-off for business owners. As if that weren't enough, American Express also developed a reputation for siding more frequently with the customer than with the business when it came to chargebacks and other disputes.
Yes, you can.
Hi Luke, most of our restaurants do accept American Express.
We accept American Express (AMEX), Visa and Mastercard debit and credit cards. We also accept BP Plus Fuel Cards.
Yep. Amex Plat Card earns points.
We accept all major credit cards (VISA, VISA Electron, Mastercard, Maestro and American Express) and Apple Pay. You can also use an IKEA Gift card, PayPal, IKEA Financial services or an IKEA for Business payment card to complete your purchase.
We accept credit card payments (Visa, MC, Discover and AMEX), check payments and ACH draft.
Salary Needed for Amex Platinum Credit Card
If you make nearly $100,000 a year and have good credit, you should have no issue getting approved. But, applicants with annual incomes as low as $40,000 have also been approved if they have a low debt-to-income ratio and pay their other credit cards in full every month.
Which Amex card is the easiest to get? The easiest Amex cards to get are ones with a lower minimum spending requirement for rewards, as well as a low annual fee or no annual fee. Examples include the Blue Cash Everyday Card from American Express and the American Express Cash Magnet Card.
Yes, it is hard to get the American Express Platinum card because applicants need a 700+ credit score and a high income to qualify for approval. But if you have at least good credit and make a lot of money, you have a decent shot at getting approved.