Why do so few vendors accept AMEX? And do all other CC companies charge an interest fee?
Expired
Thread created 11-16-2012 by ironhorse951
0 Score
21 Replies
4,530 Views
Regarding the disputes, all of them had to do with bargain companies like serversupply, Amazon or Ebay sellers, companies that have a notorious reputation (but still have a patent monopoly). The...
Why do so few vendors accept AMEX? And do all other CC companies charge an interest fee?
Expired
Thread created 11-16-2012 by ironhorse951
0 Score
21 Replies
4,530 Views
1 - Amex typically has higher fees and their chargeback rules for merchants is pretty strict
Why do so few vendors accept AMEX? And do all other CC companies charge an interest fee?
Expired
Thread created 11-16-2012 by ironhorse951
0 Score
21 Replies
4,530 Views
And your point is... if you personally don't experience this then it doesn't exist? Heck, there are even cards that have NO grace periods - interest begins acruing the moment you make a purchase.
...
Why do so few vendors accept AMEX? And do all other CC companies charge an interest fee?
Expired
Thread created 11-16-2012 by ironhorse951
0 Score
21 Replies
4,530 Views
Re: the interest question - lots of (Visa & MC) cards are making the interest-free periods shorter & shorter. Used to be you get 30 days, then it went to 25; now some cards actually only give you 20...
Why do so few vendors accept AMEX? And do all other CC companies charge an interest fee?
Expired
Thread created 11-16-2012 by ironhorse951
0 Score
21 Replies
4,530 Views
Probably what happened to you is where if you have a balance one month and hten pay off the balance the next month, there sometimes is still interest that hits in the following statement for a...
Why do so few vendors accept AMEX? And do all other CC companies charge an interest fee?
Expired
Thread created 11-16-2012 by ironhorse951
0 Score
21 Replies
4,530 Views
After you get the credit card bill it takes you 25 days to pay? I manage all of my cards online. Keeps things fairly simple as I manage alot of cards. I can also set many to auto pay the entire...
Why do so few vendors accept AMEX? And do all other CC companies charge an interest fee?
Expired
Thread created 11-16-2012 by ironhorse951
0 Score
21 Replies
4,530 Views
They also bill separate on merchant statements and that also has a fee plus their rate is more then others.
Why do so few vendors accept AMEX? And do all other CC companies charge an interest fee?
Expired
Thread created 11-16-2012 by ironhorse951
0 Score
21 Replies
4,530 Views
Except that it would only happen on months that I used the cards in question. Since I only used them at places that didnt accept AMEX, I would use them about every 3 months.
A friend of mine has...
Why do so few vendors accept AMEX? And do all other CC companies charge an interest fee?
Expired
Thread created 11-16-2012 by ironhorse951
0 Score
21 Replies
4,530 Views
Discover used to have pretty low acceptance, but due to acquisitions and agreements, they are now on Diners Club, Unionpay (China), and JCB (Japan) and a few other regional networks, so they have...
Why do so few vendors accept AMEX? And do all other CC companies charge an interest fee?
Expired
Thread created 11-16-2012 by ironhorse951
0 Score
21 Replies
4,530 Views
^^This
And yes, every credit card has a processing fee that the vendor has to pay. It varies depending on the contract.
I only use my Amex at large establishments, grocery stores, gas stations,...
Why do so few vendors accept AMEX? And do all other CC companies charge an interest fee?
Expired
Thread created 11-16-2012 by ironhorse951
0 Score
21 Replies
4,530 Views
That's the only time any credit card I have every had will charge you interest (on purchases).
Why do so few vendors accept AMEX? And do all other CC companies charge an interest fee?
Expired
Thread created 11-16-2012 by ironhorse951
0 Score
21 Replies
4,530 Views
AmEx charges large interchange fees in comparison to other processing networks (perhaps 3-4% in comparison to Visa or MC's 1-2%).
Processors may also charge the business a monthly fee for the...
Why do so few vendors accept AMEX? And do all other CC companies charge an interest fee?
Expired
Thread created 11-16-2012 by ironhorse951
0 Score
21 Replies
4,530 Views
I have about 30 cards right now. Not one of hem does that.
Why do so few vendors accept AMEX? And do all other CC companies charge an interest fee?
Expired
Thread created 11-16-2012 by ironhorse951
0 Score
21 Replies
4,530 Views
1 dispute per month?? geez that seems high.
Why do so few vendors accept AMEX? And do all other CC companies charge an interest fee?
Expired
Thread created 11-16-2012 by ironhorse951
0 Score
21 Replies
4,530 Views
All of those links have to do with people who carry a balance.
Awful foolish to carry a balance.
Maybe the gamers forumites can help.
Why do so few vendors accept AMEX? And do all other CC companies charge an interest fee?
Expired
Thread created 11-16-2012 by ironhorse951
0 Score
21 Replies
4,530 Views
1. Why do so few vendors accept AMEX? Seriously, in the past 15 years of owning credit cards, I've noticed that fewer and fewer businesses, particularly online businesses are taking AMEX. One of my...
Why do so few vendors accept AMEX? And do all other CC companies charge an interest fee?
Expired
Thread created 11-16-2012 by ironhorse951
0 Score
21 Replies
4,530 Views
3. Cashback
Why do so few vendors accept AMEX? And do all other CC companies charge an interest fee?
Expired
Thread created 11-16-2012 by ironhorse951
0 Score
21 Replies
4,530 Views
What is a "standard" credit card?
If you don't pay your balance off in full by the due date for each statement, you will be charged interest on the remaining balance. That is how it works for all...
Why do so few vendors accept AMEX? And do all other CC companies charge an interest fee?
Expired
Thread created 11-16-2012 by ironhorse951
0 Score
21 Replies
4,530 Views
Did you ever try calling Chase and asking them about it because this makes no sense. I use 2 Chase cards every month, pay the bill before the due date and have never been charged a penny in...
Why do so few vendors accept AMEX? And do all other CC companies charge an interest fee?
Expired
Thread created 11-16-2012 by ironhorse951
0 Score
21 Replies
4,530 Views
Hmmm, my REI, LLBean, and Chase Visas did not discriminate, which is why they're gone.
But as stated earlier, this was not always the case, it just coincided with the new credit card minimums and...
Why do so few vendors accept AMEX? And do all other CC companies charge an interest fee?
Expired
Thread created 11-16-2012 by ironhorse951
0 Score
21 Replies
4,530 Views
It does seem shady. Being that the majority of my purchases happen to be online, though, it's bound to happen. I was tired of losing money for unsent and incorrect items.
The ONLY TIME I've EVER...
Why do so few vendors accept AMEX? And do all other CC companies charge an interest fee?
Expired
Thread created 11-16-2012 by ironhorse951
0 Score
21 Replies
4,530 Views
They charge a higher percentage and take longer to transfer money to your bank account.
