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Amex has credit cards with no annual fees, they have the same incentives as other networks and issuers.
by maxerickson 3y ago
Amex has credit cards with no annual fees, they have the same incentives as other networks and issuers.
- uf00lme 3y agoTheir no fee cards are not their primary card base. As a vertical provider, they simply charge merchants more, and use that money to look after their customers more so than other majors. In general try to do a charge back with Amex vs other majors and watch what happens. Amex usually screws merchants more much than other payers, at least in APAC and EMEA. I don’t know American markets as much but I assume the model holds true.