Results 1 to 5 of 5

Thread: How many % extra for using American Express Credit Cards?

  1. #1

    Default How many % extra for using American Express Credit Cards?

    Does anyone here know how much do the merchants usually charge extra for using American Express Cards?

    I know for Visa/Mastercard, it's 2%.

    Anthony

  2. #2

    Default

    as far as I know, amex charges more for the merchant. so maybe 4%?

  3. #3
    Member
    Join Date
    Mar 2004
    Location
    Off the shoulder of Orion, near the Tannhauser gate
    Posts
    204

    Default

    Technically, they are not supposed to. It is specified in the service agreement with the card companies.

  4. #4

    Default

    That's quite high. Looks like I can't use my DBS Black Amex card anymore

    Anthony

    Quote Originally Posted by loupgarou
    as far as I know, amex charges more for the merchant. so maybe 4%?

  5. #5
    Senior Member
    Join Date
    Oct 2003
    Location
    Singapore
    Posts
    3,717

    Default

    Quote Originally Posted by anthony.phua
    That's quite high. Looks like I can't use my DBS Black Amex card anymore

    Anthony
    Technically, the extra % is paid to the card.ie visa or amex. Although occasionally in SG, you can get cheaper or better discount by paying cash, in most places, there will be no extra charges. For example, shopping at robinsons, 7-eleven etc.

    One gripe i have about card is the non-acceptance of card at most supermarket. Tough for SG to be cash-less society!

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •