[Atlas Sneezed]

gotta wonder what kinda deal costco has cut with amex

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Since Costco is one of the biggest marketers of AMEX, they probably don’t pay a penny in transaction fees. Especially considering that the average transaction is pretty large.

As a merchant, I’m happy to take AMEX. If they charge a percent more, I don’t care. A buyer’s a buyer.

[ConservativeMind]

Is AmEx really more as a percentage? I thought all the premium cards from Visa and MC were 1-1.5% more a charge, anyway.