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  #11  
Old 10-24-2009, 01:35 PM
fingers fingers is offline
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Right you are, I stand corrected. I'd only used their rewards charge cards and didn't realize they offered credit.
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  #12  
Old 10-27-2009, 04:58 PM
chinoy99 chinoy99 is offline
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Hi all,
I believe Amex Bank have two plastic card products:

1) Amex Charge Charge (you are assigned an initial spending limit and this limit goes on
increasing with the passage of time upon good credit history
etc/ BUT it has no revolving credit and the balance has to be
paid in full each month)


2) Amex Credit Card (just like Visa & Master / it has revolving credit etc)

(This is to the best of my knowledge, correct me if i have made a mistake)
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  #13  
Old 10-27-2009, 05:24 PM
trent trent is offline
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Quote:
Originally Posted by chinoy99 View Post
Hi all,
I believe Amex Bank have two plastic card products:

1) Amex Charge Charge (you are assigned an initial spending limit and this limit goes on
increasing with the passage of time upon good credit history
etc/ BUT it has no revolving credit and the balance has to be
paid in full each month)


2) Amex Credit Card (just like Visa & Master / it has revolving credit etc)

(This is to the best of my knowledge, correct me if i have made a mistake)

Yes, you are correct. Here is a short description of what a AMEX charge card is:

http://www.americanexpress.com/irela...rge_card.shtml
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  #14  
Old 10-27-2009, 06:46 PM
chinoy99 chinoy99 is offline
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Yes "Trent", this is a perfect weblink which shows the comparison of amex credit card and charge card. Good job.
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  #15  
Old 10-29-2009, 03:28 PM
Richard Richard is offline
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Quote:
Originally Posted by trent View Post
The AMEX credit cards are not accepted everywhere, while Visa and Mastercard usually are.
The places I know accept AmEx are Costco, Shell and A&P grocery stores (Dominion, Metro, Foodland) because those companies are part of the Air Miles program (AmEx issues an Air Miles card). Some high-end stores also accept AmEx because of their clientele. In the US, it's much more widely accepted.

-Richard
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