Why Get an AMEX Credit Card? American Express is consistently ranked as one of the top credit card providers in Canada, and one of the reasons they are so popular is the perks and rewards they offer their loyal cardmembers.
Is AMEX common in Canada?
Fortunately, American Express is accepted throughout Canada at a variety of stores, restaurants, and service providers: over 90,000 places in Canada started accepting American Express® Cards in 2019 alone.
Is Amex in Canada worth it?
The Amex Platinum is certainly one of the best travel credit cards in Canada. While the Aeroplan Card and Marriott Bonvoy Card have recently grabbed a lot of attention for their generous welcome bonuses, the Platinum Card has offered exceptional value-for-money for years, and it shows no sign of slowing down.
Is American Express more popular?
MasterCard is the second-most popular card network with 31.3% of the market share, acceptance in more than 210 countries, and 8 million U.S. merchants. While American Express is more widely accepted internationally, Discover has a higher U.S. acceptance rate with 7 million merchants and 10.7% of the market share.
Where American Express is not accepted?
American Express is not accepted everywhere because American Express charges merchants higher fees than Visa, Mastercard. This makes retailers like Costco, independently owned boutiques, and many family stores shy away from accepting your American Express card.
Does Walmart Canada take Amex?
Walmart is a flexible retailer in that all credit and debit cards are accepted in any of its stores, including Visa, Amex, and Mastercard. … Visa was briefly banned in some stores in Ontario, but the companies reached a compromise that saw the return of Visa as an accepted payment method at any Walmart in Canada.
Why is it so hard to get an American Express card?
It’s harder to get an American Express card than it is to get a credit card from many other major issuers simply because all of Amex’s credit card offers require good or excellent credit for approval. … And some of Amex’s premium cards for big-spenders, which can be relatively difficult to get, have high fees.
Does Costco take Amex in Canada?
Effective January 1, 2015, Costco warehouses and gas stations in Canada as well as Costco.ca will stop accepting all American Express Cards.
Which American Express card is the best?
Best American Express Credit Cards
- American Express® Business Gold Card: Best Card for Businesses.
- The Platinum Card® from American Express: Best Card for Travel.
- American Express® Gold Card: Best Card for Foodies.
- Blue Cash Preferred® Card from American Express: Best for Everyday Expenses.
Where is AmEx not accepted in Canada?
Loblaws, with the exception of Shoppers, and Costco are excellent examples of large retailers that don’t accept American Express credit cards. Other than these retailers you should be able to use your American Express credit card everywhere you shop.
Does Canadian Tire accept American Express?
What credit cards does Canadian Tire accept online? Canadiantire.ca accepts the Canadian Tire Card, Options® MasterCard® Card, all Canadian-issued Visa, American Express and MasterCard cards, and most international Visa, American Express and MasterCard products.
Can American Express gift cards be used in Canada?
The American Express Gift Card can be used at locations across Canada where American Express is accepted. … For more information, please visit: www.americanexpress.ca/gift.
Why is AMEX so popular?
American Express is most famous for its travel cards like the Platinum Card and premium “experiential” offerings like concierge service, but it also offers cards with non-travel perks and lower annual fees. Amex cards also offer various benefits like travel insurance and purchase protection.
Why is American Express popular?
“American Express cards remain popular among consumers because they offer great perks,” Outar says, like rewards and cardholder benefits.
Is American Express widely accepted in USA?
In the past few years, American Express has worked diligently to work with merchants in the U.S. to increase acceptance. A Feb. 2020 Nilson Report claims that American Express is now accepted at 10.6 million merchants in the United States, equating to a 99% acceptance rate.