No option to pay with Amex??

[TW]Fox · 22 Jan 2014 at 18:01

233 said:
Most merchants should be able to offer you the option to pay in your own local currency

And also lube to go with it. Seriously, never, ever, ever chose this option. It's only offered because its instaprofit.

233 · 22 Jan 2014 at 18:03

Metalface Mark said:
On my store, I started at 2.8% charges for MasterCard and visa, now my store is doing a million through cards I'm down to 1.8%.

American Express has been offered to us but the fees are 5% for new customers, it just pays people's air Miles.

We pay the same rate for MasterCard or MasterCard world.

Just phone and tell them what you want to pay

I got my Amex merchant account with no setup and 2.1% and I'm lucky if I put £1000 a month through it

Oh and you can have as much free pos and Amex branded merchandise as you want

Their corkscrews and bottle openers are rather nice.

The free pens are a bit meh though

BigAndy87 · 22 Jan 2014 at 20:01

King Damager said:
I quite like my AmEx, partly because my points are huge with them right now (22k welcome bonus, plus I put my season ticket on it which has 2 or 3x points).

I don't really have an issue with limited acceptance of it. I wish Lego accepted it... and I was amazed the other day when Subway told me they didn't. But most other places I'd like to use it are happy to accept it.

I suspect in a few months I'll get a Tesco credit card, for those times when my AmEx isn't accepted, and after my year is up on my gold, I'll probably switch to a BA Avios premium. That said, I need to do some number crunching on the clubcard credit card, to work out if you convert the points to avios whether it gives a better return rate than the BA Avios Amex.

kd

Tesco credit card for avios is at a rate of 0.6 per pound spend (assuming u spend multiples of 4 to get the 1 clubcard point.

airwave99 · 22 Jan 2014 at 20:28

233 said:
Visa/MasterCard/MasterCard world 1.5%
Diners club/JCB 2%
American Express 2.1 %

Is this typical across the board that MasterCard and MasterCard World have the same rate?

233 · 22 Jan 2014 at 20:29

airwave99 said:
Is this typical across the board that MasterCard and MasterCard World have the same rate?

no idea but that's what our merchant provider charges

King Damager · 22 Jan 2014 at 20:43

BigAndy87 said:
Tesco credit card for avios is at a rate of 0.6 per pound spend (assuming u spend multiples of 4 to get the 1 clubcard point.

Well that answered that question

thanks

kd

mjt · 22 Jan 2014 at 20:55

233 said:
Most merchants should be able to offer you the option to pay in your own local currency I know we offer this with our terminals automatically if it's a non uk registered card and the exchange rates for Amex are pretty decent according to some of our clients ( we get a print out of the top 50 currencies or so to GBP every morning

They're usually worse. It's not really an issue though as I have 2 other MasterCards and a Visa as backup