My Nectar Amex doesn't cost me a penny and I've already earn t over £100 in nectar points in about 8 months of having it. Also got £35 cashback from topcashback so it has made me a fair little sum.
No option to pay with Amex??
- Thread starter pimper
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My Nectar Amex doesn't cost me a penny and I've already earn t over £100 in nectar points in about 8 months of having it. Also got £35 cashback from topcashback so it has made me a fair little sum.
I could be wrong but they stopped accepting it in my old nightclub due to charge-backs. Amex apparently was rather trigger happy with charge-backs and as soon as a customer who spent too much claimed fraud they'd issue the charge-back. Even after amex was given evidence (cctv) they gave back the money but wouldn't wave the charge-back fee.
Apparently the burden of proof is on the business owner to prove the customer was there and it wasn't fraud.
Apparently the burden of proof is on the business owner to prove the customer was there and it wasn't fraud.
My Nectar Amex doesn't cost me a penny and I've already earn t over £100 in nectar points in about 8 months of having it. Also got £35 cashback from topcashback so it has made me a fair little sum.
How long have you had yours as its now £25 annual fee..
and on a side note a min income of £30k
So im not sure who/what to believe
Soldato
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I love OcUK experts
How long have you had yours as its now £25 annual fee..
and on a side note a min income of £30k
So im not sure who/what to believe
The Nectar Amex T&Cs changed last year to make it a charged account. I know, as I then dropped mine and switched to the Avios version.
I still have that but have just switched to Amazon Mastercard instead. Decent rewards (2% cashback for Amazon purchases, 1% elsewhere).
Soldato
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There's still a free Amex Nectar for existing customers, fyi.
Really? They wrote to me advising that it would be charged - around September I think. Very strange.
Anyway, it isn't half as attractive as it used to be, particularly (for me) now that Nectar points cannot be redeemed for Amazon vouchers, and the number of redemption deals offered with major retailers seems to have died out (Nectar's policy, not Amex). I bought a Philips LED TV through Nectar points on the back of Amex spending, but the opportunities seem far less now.
Reason why Electron doesn't work on trains or pay at pump fuel stations is they need live authorisation from the bank where as Visa/Mastercard don't.
Election has mostly been replaced with Visa Debit but there are 2 types in existence. The proper Visa Debit and the mickey mouse rebranded Electron Visa Debit.
Given the tiny % of customers who use Amex and the 0% of Amex users that don't have a MasterCard or Visa as an alternative payment method. There's no reason to bother spending the time and money on making the necessary changes to accept them. It would require restructuring the prices of all products the business sells in order to incorporate the extra Amex processing fee, or incorporating an anomalous 0.6% extra charge for Amex users.
I didn't bother with an Amex because it's accepted at so few places and the Amazon Mastercard gives a higher amount of cashback overall.
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Not true really. It is accepted by most major retailers/companies now.
Granted though, for smaller shops and businesses you will still need a visa/mastercard but to say it is accepted in so few places isnt true.
Since having one i have been surprised at just how many places do take it actually!
True, it can also be said that some large businesses/establishments do not accept it whereas some small places that you wouldn't think do accept amex. One such example would be B&Q not accepting amex.
Too true we get some funny looks when people realise we take Amex in our fleet of 2 taxis
It's down to the individual merchants though if they want to take Amex but it's the easiest thing in the world to do.
For us it involved 2 phone called one to Amex to setup a merchant account with them and then a call to our terminal provider to have the merchant account added to our system.
We certainly find it a great benefit to take it and as a result we
Ve gained a good chunk of work. (Taxi trade) as a number of our regulars only have Amex for their business use anywhere that doesn't take Amex they have to pay it themselves and claim back.
+1
Main advantage in my case is lack of limit. Great for large purchases and months were spending is higher than normal.
Getting MasterCard to raise the limit is a royal PITA, as is paying the card off early as it's on DD.
<3 Amex
Only gripe is their lousy exchange rate. Or rather foreign currency transaction fee. Their exchange rate is actually decent
The limits or lack thereof can be quite funny. I once asked how much I could withdraw from an ATM abroad in one day, in case I needed quite a bit of cash, and they came back with c. £10,000 equivalent, and the same c. £10,000 for the UK ATM withdrawal limit.
that could be the smallest business to take it possibly??
Soldato
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It's bonkers , merchants are missing out on a large percentage of the corporate world - big spenders,
On a somewhat unrelated note, why doesn't the OcUK phone number work outside the UK?
Is there a non-08xx alternative?
Check SayNoTo0870, plenty of geographic numbers on there that should work internationally.