I'm with you LS.........someday we will both make it to the express promise land
@LS2982 wrote:
I want this card sooooooooooooo bad!
@Anonymous wrote:I've thought about requesting express pay, but I'm not sure if the convenience outweighs the potential security risks. Does it really save that much time?
It doesn't. I've found two uses for express pay. (1) I was at a gas station where the magnetic scanner wasn't working properly so I was able to use my express pay card instead of having to try another pump. (2) My toddler likes to help, and he was able to pay for things before he developed the fine motor skills to swipe the card.
That said, the security risks are overblown in my opinion. You're much more likely to be a victim of std cc fraud than have your information stolen by someone with a portable near field device. Looking at your statements every once in a while to make sure there are no unauthorized charges is enough to protect against this.
Starting Score: ~500 (12/01/2008)
@steve23111 wrote:Benefits of expressPay:
1. Higher signature thresholds at many retailers. I have found that often I have to sign for a transaction over a certain amount, say, $25, while at the same merchant an expressPay transaction doesn't require a signature until a higher amount.
2. Retailers that are known for demanding an ID for a credit card transaction (in my experience) don't do so for expressPay transactions. Case in point: Best Buy.
3. It is a few seconds faster.
4. The cool factor.
Drawbacks:
1. expressPay transactions don't show as much detail on the AMEX statements. For example, all I see are a bunch of "expressPay on Blue" transactions, without much in the way of information as to where the transaction happened, which can be a little problematic for me since I will can a hundred or more in any given month-- 7-Eleven, CVS, McDoanld's, Burger King, etc.
2. expressPay transactions don't count for AMEX promotions like "Like, Link, Love" or Shop Small.
3. I'll mention the potential security concern, but honestly, it doesn't bother me. It's a credit card so I'm protected regardless. If it were a debit card, it would be another story.
Someone correct me if I'm wrong but... I believe Amex doesn't require their members to sign for any transaction... 
@teenastie wrote:
@steve23111 wrote:Benefits of expressPay:
1. Higher signature thresholds at many retailers. I have found that often I have to sign for a transaction over a certain amount, say, $25, while at the same merchant an expressPay transaction doesn't require a signature until a higher amount.
2. Retailers that are known for demanding an ID for a credit card transaction (in my experience) don't do so for expressPay transactions. Case in point: Best Buy.
3. It is a few seconds faster.
4. The cool factor.
Drawbacks:
1. expressPay transactions don't show as much detail on the AMEX statements. For example, all I see are a bunch of "expressPay on Blue" transactions, without much in the way of information as to where the transaction happened, which can be a little problematic for me since I will can a hundred or more in any given month-- 7-Eleven, CVS, McDoanld's, Burger King, etc.
2. expressPay transactions don't count for AMEX promotions like "Like, Link, Love" or Shop Small.
3. I'll mention the potential security concern, but honestly, it doesn't bother me. It's a credit card so I'm protected regardless. If it were a debit card, it would be another story.
Someone correct me if I'm wrong but... I believe Amex doesn't require their members to sign for any transaction...
Never heard that. Are you confusing requirements for signature with having to show ID?
@Walt_K wrote:
@teenastie wrote:
@steve23111 wrote:Benefits of expressPay:
1. Higher signature thresholds at many retailers. I have found that often I have to sign for a transaction over a certain amount, say, $25, while at the same merchant an expressPay transaction doesn't require a signature until a higher amount.
2. Retailers that are known for demanding an ID for a credit card transaction (in my experience) don't do so for expressPay transactions. Case in point: Best Buy.
3. It is a few seconds faster.
4. The cool factor.
Drawbacks:
1. expressPay transactions don't show as much detail on the AMEX statements. For example, all I see are a bunch of "expressPay on Blue" transactions, without much in the way of information as to where the transaction happened, which can be a little problematic for me since I will can a hundred or more in any given month-- 7-Eleven, CVS, McDoanld's, Burger King, etc.
2. expressPay transactions don't count for AMEX promotions like "Like, Link, Love" or Shop Small.
3. I'll mention the potential security concern, but honestly, it doesn't bother me. It's a credit card so I'm protected regardless. If it were a debit card, it would be another story.
Someone correct me if I'm wrong but... I believe Amex doesn't require their members to sign for any transaction...
Never heard that. Are you confusing requirements for signature with having to show ID?
i work in a retail store and amex requires a zip code no matter how much and it will not go thru if you dont provide it.... anything over $24.99 needs to be signed for anything under doesnt reqiure a signiture