Am. Express $7.95/month fee

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Arks

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Got 2 notices from Amer. Express today saying they're doing away with the flat $7.95 monthly fee, and that in the future the cost of accepting their cards will be a percent of each transaction.
The notice to my inn said the new rate on all cards is 3.50%.
The notice to my other business said the new rate is $2.55%.
I guess the rate is based on how many transactions you processed in the last year. Or maybe they just don't like innkeepers.
 
Square takes 2.75 for swiped cards, mc, visa, disc and amex.
 
anything to do with "card present" for higher rate?
Hey, there is always bitcoins...
 
Amex sent me a notice that they were going to charge me a monthly fee of $5 plus the percentage. I called to cancel... they removed the fee. Last year we moved all Amex from processing at 3.5% on our terminal to Square for 2.75%. Amex couldn't match the rate.
But I will also be honest, I cancelled my Amex card after 25 years. I can't believe how stupid a company they are, they used an automated telephone system to take the cancellation, not even trying to retain my business.
 
Square takes 2.75 for swiped cards, mc, visa, disc and amex..
Anon Inn said:
Square takes 2.75 for swiped cards, mc, visa, disc and amex.
My AMEX are from people who booked online through ResKey and Authorize.net, so none are swiped, and that may indeed be the difference.
 
Amex sent me a notice that they were going to charge me a monthly fee of $5 plus the percentage. I called to cancel... they removed the fee. Last year we moved all Amex from processing at 3.5% on our terminal to Square for 2.75%. Amex couldn't match the rate.
But I will also be honest, I cancelled my Amex card after 25 years. I can't believe how stupid a company they are, they used an automated telephone system to take the cancellation, not even trying to retain my business..
Your new "photo" gave us a shock! I tried to kill it and then I spooked out with it being "in my computer". Duh! It's Jon's new "photo"!!!!!!
 
Amex sent me a notice that they were going to charge me a monthly fee of $5 plus the percentage. I called to cancel... they removed the fee. Last year we moved all Amex from processing at 3.5% on our terminal to Square for 2.75%. Amex couldn't match the rate.
But I will also be honest, I cancelled my Amex card after 25 years. I can't believe how stupid a company they are, they used an automated telephone system to take the cancellation, not even trying to retain my business..
Your new "photo" gave us a shock! I tried to kill it and then I spooked out with it being "in my computer". Duh! It's Jon's new "photo"!!!!!!
.
Duff2014 said:
Your new "photo" gave us a shock! I tried to kill it and then I spooked out with it being "in my computer". Duh! It's Jon's new "photo"!!!!!!
I tried to kill it too. Most annoying avatar in history!!
 
Amex sent me a notice that they were going to charge me a monthly fee of $5 plus the percentage. I called to cancel... they removed the fee. Last year we moved all Amex from processing at 3.5% on our terminal to Square for 2.75%. Amex couldn't match the rate.
But I will also be honest, I cancelled my Amex card after 25 years. I can't believe how stupid a company they are, they used an automated telephone system to take the cancellation, not even trying to retain my business..
Your new "photo" gave us a shock! I tried to kill it and then I spooked out with it being "in my computer". Duh! It's Jon's new "photo"!!!!!!
.
Duff2014 said:
Your new "photo" gave us a shock! I tried to kill it and then I spooked out with it being "in my computer". Duh! It's Jon's new "photo"!!!!!!
I tried to kill it too. Most annoying avatar in history!!
.
Arks said:
Duff2014 said:
Your new "photo" gave us a shock! I tried to kill it and then I spooked out with it being "in my computer". Duh! It's Jon's new "photo"!!!!!!
I tried to kill it too. Most annoying avatar in history!!
Grin!
 
Amex sent me a notice that they were going to charge me a monthly fee of $5 plus the percentage. I called to cancel... they removed the fee. Last year we moved all Amex from processing at 3.5% on our terminal to Square for 2.75%. Amex couldn't match the rate.
But I will also be honest, I cancelled my Amex card after 25 years. I can't believe how stupid a company they are, they used an automated telephone system to take the cancellation, not even trying to retain my business..
yes Jon you have our attention!!!! . Have you gone a bit buggy lately ? LOL Is it time for change ?
 
Amex sent me a notice that they were going to charge me a monthly fee of $5 plus the percentage. I called to cancel... they removed the fee. Last year we moved all Amex from processing at 3.5% on our terminal to Square for 2.75%. Amex couldn't match the rate.
But I will also be honest, I cancelled my Amex card after 25 years. I can't believe how stupid a company they are, they used an automated telephone system to take the cancellation, not even trying to retain my business..
Aight ate eight 8's
 
Amex sent me a notice that they were going to charge me a monthly fee of $5 plus the percentage. I called to cancel... they removed the fee. Last year we moved all Amex from processing at 3.5% on our terminal to Square for 2.75%. Amex couldn't match the rate.
But I will also be honest, I cancelled my Amex card after 25 years. I can't believe how stupid a company they are, they used an automated telephone system to take the cancellation, not even trying to retain my business..
Your new "photo" gave us a shock! I tried to kill it and then I spooked out with it being "in my computer". Duh! It's Jon's new "photo"!!!!!!
.
Duff2014 said:
Your new "photo" gave us a shock! I tried to kill it and then I spooked out with it being "in my computer". Duh! It's Jon's new "photo"!!!!!!
Thanks for the snicker.
 
Amex sent me a notice that they were going to charge me a monthly fee of $5 plus the percentage. I called to cancel... they removed the fee. Last year we moved all Amex from processing at 3.5% on our terminal to Square for 2.75%. Amex couldn't match the rate.
But I will also be honest, I cancelled my Amex card after 25 years. I can't believe how stupid a company they are, they used an automated telephone system to take the cancellation, not even trying to retain my business..
yes Jon you have our attention!!!! . Have you gone a bit buggy lately ? LOL Is it time for change ?
.
Flower said:
yes Jon you have our attention!!!! . Have you gone a bit buggy lately ? LOL Is it time for change ?
Been a while, no?
 
Amex sent me a notice that they were going to charge me a monthly fee of $5 plus the percentage. I called to cancel... they removed the fee. Last year we moved all Amex from processing at 3.5% on our terminal to Square for 2.75%. Amex couldn't match the rate.
But I will also be honest, I cancelled my Amex card after 25 years. I can't believe how stupid a company they are, they used an automated telephone system to take the cancellation, not even trying to retain my business..
I just arrived and thought, how did that fruit fly get in my computer! Duh! Sure did give me pause and then a nice wake-up smile.
lightbulb.gif

 
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