As a business owner, I can attest to the fact that amex charges us a much higher percentage than visa/mc. So while we do accept it as a form of payment, most all customers that have an amex card also have either a visa or mastercard. What we usually say is how were you paying for this today? cash or credit? we accept visa and mastercard. It s actually against amex s vendor terms to blatantly steer a cardholder of theirs from using the card. With this in mind, if a customer says do you accept amex? the proper answer is yes. However usually our prompt comes first, and just happens to leave amex out of the list of options. So I guess we consider that a gray area. We accept it if we have to. For instance some of our corporate accounts only use their amex corporate cards, so rather than risk losing the account we just accept it.
1 up to one month interest-free loans you get billed every thirty days and only if you don t pay off your card in full will you be charged interest on the balance you carry over. you can easily purchase an item and pay for it only i. e. twenty days later. this in return saves you from having to spend money you might not want to cash out (i. e. selling stocks) or are wishing to use otherwise until payment date. a loan from a bank costs money, a loan from the credit card company can be free вВ it can even pay you if you factor in the rate of inflation, meaning the item will cost less in a month than it does today simply because of the inflation rate devaluing money in the meantime. money from the checking card on the other hand is gone instantly. 2 not carrying cash means it s replaceable. your card gets stolen? you lost your wallet? with a credit card you can just get another. cash is gone forever. you can also dispute credit card charges, giving you another shot if you get i. e. ripped off. 3 certain cards have valuable extras more upscale cards like certain amex offers come with access to concierges, carry insurance or hotel benefits. you could look up the individual benefits if you were so inclined but they can be worth actual money. you can earn a lot of miles and gain instant access to lounges with some cards. it s a simple cost-benefit analysis. the card costs me $500 but last year I spent $800 on those items? of course I get one. check out what this card offers: The card, available for personal and business use, offers services such as a dedicated concierge and travel agent, complimentary, companion airline tickets on international flights on selected airlines with the purchase of a full-fare ticket, personal shoppers at retailers such as Gucci, Escada, and Saks Fifth Avenue, access to airport clubs, first-class flight upgrades, membership in Sony s Cierge personal shopping program and dozens of other elite club memberships.  Hotel benefits include one free night, when at least one paid night is booked during the same stay, in every Mandarin Oriental hotel worldwide once a year (except for the New York City property), and privileges at hotel chains like Ritz-Carlton, Leading Hotels of the World, and Amanresorts.
All of the benefits mentioned above are for United States-issued cards.
American Express Centurion Cards issued in other countries may include different benefits.
The card has recently added new amenities, including access into the Gulfstream Aerospace Private Flyers Club, Virgin Atlantic Flying Club Gold, as well as US Airways Platinum Preferred and Delta SkyMiles Platinum Medallion status. In 2007, American Airlines Admirals Club access was added to the list of amenities.  As of 2010, the card provided unlimited access to all US Airways Clubs regardless which carrier the cardmember is traveling on (unlike Delta, and American). The card also features complimentary enrollment in Hertz Rent-A-Car #1 Club Gold and the Avis Rent-A-Car President s Club.  The titanium-crafted Centurion card was first issued as an upgrade for all plastic U. S. Centurion cards in the first half of 2006, with the titanium version being rolled out to certain other countries as well. Some Centurion customers have purchased Bentley automobiles using the card or made purchases exceeding в1 million. The card has no limit; the largest purchase supposedly ever made on it exceeded $52 million for a private jet by Victor Shvetsky.