- Centurion Member
- Posts: 232
- Joined: Sun Jul 17, 2011 11:47 am
- Website: http://www.ivotedale.tumblr.com/
- Location: Mesa, AZ
What city are you located? It really depends.
For most major places such as Walmart, most gas stations, etc accept them. I live in Mesa/Phoenix area and 9 out of 10 times I don't have trouble w/ using an Amex. The most difficult places I struggle with are mom+pop small shack restaurants- they tend to like cash-only.
On the other side of the coin, when I was in NYC last year a lot of places (particularly small restaurants) didn't take Amex, much less Visa/Mastercard. Cash is king in that arena I suppose, which sucks because I lose out on getting points.
Honestly it just depends- some places favor Discover over Amex, some hate credit cards in general because of merchant fees. I tend not to spend money at those places strictly because they don't take Amex; I never carry cash w/ me most days and hate to lose out on points, which is a big reason I use credit cards in the first place. If you ask me, many places like that are losing out on clientele because of it- isn't there some data/research that show folks who own/use an Amex spend a certain % more per transaction than cash/Visa/Mastercard? I've never owned a business at that level to pay merchant fees, but some $$$ is better than none I would think, regardless of merchant fees.
I digress about merchant fees though- yes, many larger business like Target, Walmart, Chevron, etc take Amex. You won't have trouble there. Worst case, you get a backup Visa/Mastercard (which you should anyway in my opinion), w/ cashback options. My backup go-to is the Chase Freedom, and now Capital 1 Quicksilver @ 1.5% cashback.
Currently: American Express Blue Sky, American Express Zync, Chase Freedom Visa, Capital One Newcomers--->converted to Capital One Quicksilver Mastercard NO AF