To accomplish this, we accept a limited number of students.The students work with excellent tennis instructors in small groups and individually.Even though American Express’s acceptance is lower than its rivals, most retailers that take credit cards do accept American Express.And Nerd Wallet often recommends several Am Ex cards, such as the Blue Cash Preferred® Card from American Express for families who spend a lot at the grocery store and gas station, or The Platinum Card® from American Express for frequent travelers who appreciate luxury perks.
Those that don’t think so will decline to take Am Ex.
That action was supported by retailers, who argued that the fees unfairly inflated the prices that consumers paid.
Banks ultimately made up for that lost revenue by increasing fees in other areas, and research showed that, on the whole, retailers did not reduce prices to account for the lower fees.
Am Ex’s card business relies mostly on fees — annual and other fees charged to customers and swipe fees from merchants.
So the company is unlikely to lower the fees it charges retailers, unless it undergoes a major change in the way it operates.