@Anonymous wrote:
@FicoScore626 wrote:One of the most amazing things I saw during my youth was a store that ONLY accepted American Express and did NOT accept Visa or Mastercard. That just blew my mind.
Sounds like Costco
.
Actually it was a store in Florida that sold music equipment (instruments).
So Costco is like that too? Just another reason among my list of reasons to hate Costco.
@FicoScore626 wrote:
@Anonymous wrote:
@FicoScore626 wrote:One of the most amazing things I saw during my youth was a store that ONLY accepted American Express and did NOT accept Visa or Mastercard. That just blew my mind.
Sounds like Costco
Actually it was a store in Florida that sold music equipment (instruments).
So Costco is like that too? Just another reason among my list of reasons to hate Costco.
Well, you can pay with debit cards in the store or get their store card, if you don't have an Amex credit card. Online, they accept everything.
Didn't know that about Costco. What's the reason for that?
Starting Score: 737
I haven't heard that "We don't take AmEx" for a while, either. I stopped charging very much on that card 1-2 years ago when I realized they were reporting my largest balance (averaged over some secret interval they won't disclose) as my CL, so by now it must be really low, asymptotically zero. Actually, since I had heard they charge higher merchant fees than Visa or MC, I tend to pull that card out mainly in stores where I've been treated in a condescending or insulting way by the sales staff !
Starting Score: EQ 804 - (April 2009) 
@Duke-of-Earl wrote:
I stopped charging very much on that card 1-2 years ago when I realized they were reporting my largest balance (averaged over some secret interval they won't disclose) as my CL, so by now it must be really low, asymptotically zero.
The "average highest balance" that Amex has been formulating and reporting to the CRAs is ridiculous. My highest balance should be well over 12K, now its not even a fourth of that.
We don't take American Express, No, I don't use my American Express Platinum card much...
Ive had AMEX refused many times, even by a few places that actually accept it but would graciously prefer another form of payment. In the end, it doesn't matter much to me. I just use another card. I have quite a few that are getting good rewards right now. My Virgin America card through Barclays just earned me a free flight from San Diego to Seattle in fact. 
