The firm justifies these costs with a premium services for merchants and access to a premium type of customer. Reports show that people who use Amex as their primary card spend more per month on average than other cardholders. You can save the frustration of your American Express card being rejected by taking a look at the unofficial website whoacceptsamex.
We used it to check out a few retailers that you might not realise will happily take your Amex as payment and uncover a few that you might be caught short with. Sky is one of the biggest telecoms companies in the UK, so you might think it would accept all forms of payment.
The Post Office started accepting American Express in April across its 11, branch network, making it one of the largest UK retailers to accept Amex. This is because each card issuer determines the benefits available to cardholders, rather than the network deciding on the package.
For this reason, it is more important to look for a card issuer that provides the best value for you, rather than comparing payment networks. Both basic benefits packages generally include similar perks like:. With Visa, you get unauthorised purchase coverage. With MasterCard, you get fraud liability protection.
MasterCard also gives you discounts on sporting and travel tickets. The Visa card mid-range package is called Signature.
With this, you get the basic benefits plus:. The MasterCard mid-range package is called World. You get the basic perks plus:.
Perks at certain hotels such as room upgrades and late checkout. The Visa Infinite package — and the others in the Visa Premium collection — gives you all the basic and Signature perks. But it offers additional premium benefits designed especially with super-wealthy clients in mind.
The World Elite MasterCard package gives you all the basic and World benefits, plus extras including:. Visa and MasterCard offer a variety of different prepaid, credit and debit cards. The terms and benefits vary depending on the credit card provider or issuer. Traditionally, the card providers are banks or building societies. The best card for you depends less on the payment network and more on your specific requirements for a card. The card issuer, rather than the payment network, typically determines the level of benefits that the cardholder will receive so it is far more important to look at the issuer benefits when deciding on the best card.
By comparing the advantages, you can find one that saves you money and or offers you the type of reward you want, like cashback. Choose a credit card that suits you.
If you need a debit card, look at which current account offers what you need. Discover more about prepaid cards. Air miles credit cards. Balance transfers credit cards. Business credit cards. Cashback credit cards. Credit building credit cards. Credit card cash advance.
Credit card debt consolidation. Terms may apply to offers listed on this page. There are two main reasons why you may not be able to use your favorite credit card at a certain retailer. Image source: Getty Images. Grocery giant Kroger recently decided to stop accepting Visa credit cards at its subsidiaries Foods Co.
Kroger isn't the only retailer that takes issue with certain types of credit cards. In fact, millions of retailers don't accept one or more of the four major credit card types for one reason or another.
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You can unsubscribe at any time. American Express and Discover have done a great job of building up their acceptance rates in recent years. But they still don't enjoy the near-universal acceptance of Visa or Mastercard. Why aren't American Express and Discover accepted as much as the other two? Like Kroger's issue with Visa, it comes down to fees. American Express is notorious for charging higher swipe fees than the competition. To be fair, American Express does have a highly desirable cardmember base.
Amex cardholders have higher average income and spending than the average Visa or Mastercard user, so in many cases, it's in the merchant's best interest to accept the higher fees.
However, many merchants still feel it's not worth it, thus "Sorry, we don't take American Express" is still a common refrain. Discover is generally not as expensive as American Express for merchants to accept, but it still generally charges more than Visa or Mastercard, which is why Discover is No.
Plus, Discover doesn't offer the benefit of an affluent cardholder base. Swipe fees are the No. Another common reason is for partnership purposes.
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