Why Wealthy Americans Love AmEx

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Күн бұрын

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@ShengLiang
@ShengLiang Жыл бұрын
My favorite part of AMEX is... when you pay your bill, they immediately take it off your balance as if saying 'we know you're good for it'.
@Gumden
@Gumden Жыл бұрын
What do you mean by this?
@tannerparker789
@tannerparker789 Жыл бұрын
I love that feature too
@plasticstuff69
@plasticstuff69 Жыл бұрын
@@Gumden you don’t have to wait 2 days for ach to clear
@Gumden
@Gumden Жыл бұрын
@@plasticstuff69 ah ok, believe that is a U.S only thing.
@alecbivens9845
@alecbivens9845 Жыл бұрын
this is one of my favorite amex things
@jeremykelly3633
@jeremykelly3633 Жыл бұрын
AMEX is remarkable. I got in an accident in a rental car-totaled it. Their rental insurance covered the complete cost of the damaged vehicle. Nearly 25k. It was amazing to see an insurer actually stand by their client in their time of need.
@landshass2849
@landshass2849 Жыл бұрын
I agree, but you need to decline any paid coverage offered by the rental company, and there's some other restrictions like no off roading vehicles or cars above certain price.
@JP-dz7zu
@JP-dz7zu Жыл бұрын
I’m going to give this a shot
@flysuperman3660
@flysuperman3660 Жыл бұрын
Jeremy, which card specifically did you have?
@77Joseph777
@77Joseph777 Жыл бұрын
@@flysuperman3660 AMEX offers premium car rental coverage through all of their cards. A flat rate in California for 40 consecutive days of rental coverage for 17.95$ will cover up to 100k rental.
@flysuperman3660
@flysuperman3660 Жыл бұрын
@@77Joseph777 you pay for this monthly or how do you add it?
@ThePiranhamarketing
@ThePiranhamarketing Жыл бұрын
I once found a wallet on the ground. Upon checking the wallet I found a chase, discover card. I called the customer service numbers on the back to try to see if they would connect me to the owner and they were not helpful at all. Luckily they also had an Amex card customer service called the owner and we were able to meet up with in 10 minutes. Been an AmEx holder since then.
@peturabbykarlsson5325
@peturabbykarlsson5325 Жыл бұрын
As a recent shareholder in American Express I am so happy to read your comment. Thanks for sharing!
@boondoggle4820
@boondoggle4820 Жыл бұрын
Wow. That is impressive. Kudos to you for being a great person and kudos to Amex.
@helloxonsfan
@helloxonsfan Жыл бұрын
*The video ignored the point that being "affluent" is NOT necessarily the same as spending a lot...!!!* *... Also, they're just a big corporate conglomerate who only care about how much cash they can swindle out of their **-victims-** customers.*
@realShadowKat
@realShadowKat Жыл бұрын
@@helloxonsfan As a publicly traded company they are legally bound to the interests of the shareholders.
@thegreat9481
@thegreat9481 Жыл бұрын
Well that is in fact an information breach and they were right not to connect you because who the hell are you and what are your intentions? I wouldn’t say that’s a negative.
@addictiontocars
@addictiontocars Жыл бұрын
As a Brit with an Amex I can tell you that everyone always thinks I'm rich when I pay with it. They have such a premium image, most people don't realise that it isn't even hard to get. It is also one of only a few cards in the UK that actually offers good rewards. Their customer service is great as well. The only issue is only about half the places I go to accept them but it is worth it for the rewards.
@gordon4672
@gordon4672 Жыл бұрын
What kinda rewards do u usually usually used in here. I’ve been wanting to get one but I wasn’t sure if it’s any good outside US
@g43654
@g43654 Жыл бұрын
It depends on your income level. If you earn over $100k a year, then you can get everything up to the Platinum card easily. The Black card, on the other hand, is another story altogether. It's only for the 1%.
@derrickogole
@derrickogole Жыл бұрын
I'm one of the millennial customers they have acquired in the last 12 months from the UK. I've used the card purely for travel perks. And I find myself using my Amex every day as my primary card and carrying my debit card as my backup if Amex isn't accepted. It's perfect.
@mateuszdrab
@mateuszdrab Жыл бұрын
I love my Amex, but like mentioned by @6272jac, lots of places, especially small merchants won't accept it because they complain about the fees. This means I always need to have a backup visa - just in case. Let's not forget though that the UK is a country where your average overpriced corner shop rejects card payments below 5/10 pounds or charges a fee. Crazy example is one of my local car washes, charging 2 pounds for an 8 pound car wash. I just avoid these places like a plague - I not gonna support any business which forces me to pay by cash in 2023.
@jz5791
@jz5791 Жыл бұрын
Not a small business owner but it's because the card vendors charge like 2-3$ a transaction minimum. So if you buy 8$ car wash that cost the business 2-3$ in labor and long term costs per wash is their calculation if they make 4$ profit well if it's minus 2-3$ well then they are basically working for visa or the cc companies. They aren't trying to be greedy. Also most people love their local small business where those people spend their money locally vs large out of town companies profit leaves to the owners. And usually large distributors are used for inventory
@jamesslick4790
@jamesslick4790 Жыл бұрын
I'm a "lowly" blue collar worker and an Amex carrier for almost 40 years (Hell, it was my FIRST card, as a 20-year-old kid in 1982!). The loyalty AMEX gets is due to AWESOME customer service. They are the antithesis of Comcast! I know that this channel is OWNED by Comcast, but let's all admit it, American Express could open a whole college to teach customer service. You don't have to be "rich" to dig Amex! They respect people who are competent with money, "Rich" or not so "rich".
@barexampasser
@barexampasser Жыл бұрын
Why is your profile picture the dell logo?
@jamesslick4790
@jamesslick4790 Жыл бұрын
I'm a Dell "fanboi", Been using Dell PCs since the 1980s (NOT a paid endorsement).@@barexampasser
@kenc2257
@kenc2257 Жыл бұрын
I've had an Amex card since 1974. Back then (and throughout the 1980s), it was one of the only cards I could reliably use when traveling around Asia. I've only had to call their Customer Service a handful of times, but their assistance and helpfulness has been outstanding. We always use Amex for anything travel related.
@vrc48
@vrc48 Жыл бұрын
Interesting. How was the Amex network in Asia back then?
@NazriB
@NazriB Жыл бұрын
Lies again? Bright And Shining
@ReflectedMiles
@ReflectedMiles Жыл бұрын
How curious. My experience is quite different. In Asia I find that Amex is typically accepted at the major / tourist / high-end venues and areas, but in the broader areas that are more native and working-class in orientation (the greater portion of the region), I find Visa to be much more commonly accepted. I think that Amex figured out that they could not compete with Visa and MC on broad terms, so they aimed for an affluent, status-symbol market positioning.
@Freshadventures_
@Freshadventures_ Жыл бұрын
That's good to know thanks for mentioning that. It will help to know which credit card to use in future travel endeavors.
@JunedAlam-ux6ps
@JunedAlam-ux6ps Жыл бұрын
As a Amex employee, this makes my work feel worth it and appreciated. We try to make our customers happy
@omgcrisbreezy
@omgcrisbreezy Жыл бұрын
Same here. I agree 🙏🏼
@brianp5205
@brianp5205 Жыл бұрын
Amex will lay you off the second you are no longer needed.
@dev0_018
@dev0_018 Жыл бұрын
@@brianp5205 and he ( employee ) doesn't work for them the second he finds their pay no longer needed
@gnpvermillion9747
@gnpvermillion9747 Жыл бұрын
AMEX has the best customer service
@leonelsosa650
@leonelsosa650 Жыл бұрын
@@brianp5205 any company would do that 😂even if u were the owner of Amex u would do the same thing too
@MarcheseMethods
@MarcheseMethods 9 ай бұрын
Around 5-10 years ago my mother and I visited family in Europe. Our flight back home was at about 5am so we had to drive overnight to Brussels airport. The rental car needed gas, but our Americanized minds figured gas stations are always open so we’ll just get some on the way. Turns out we couldn’t find an open one and were nervous that we’d get stranded. My mom called the AmEx global assistance line and within minutes the clerk somehow found a truckdriver to come bring us gasoline in a gerry can, and fill the rental up. Paid for by AmEx. Because of that you bet your bottom dollar I will never use any other card, and if a place doesn’t take AmEx they’re not getting my business
@richardhart9204
@richardhart9204 Жыл бұрын
I work a pretty low waged job. Three years ago, as a joke, I decided to apply for an Amex gold card to see how quickly and severely they would tell me to go BLEEP! myself ... and was approved. The card was with me, first post the next morning. Three years, and three cards later, I'm still with them.
@hashish2007
@hashish2007 Жыл бұрын
Back in the days when I was starting my career, I ended up in a financial emergency and applied for about 5 cards. Amex was the only one that approved me for Green. Although it was a charge card, it gave me much needed few weeks. I'm keeping it ever since, out of respect for a company that helped me out (don't use it much)
@flyer3455
@flyer3455 Жыл бұрын
Did they turn it into a credit card over the years or is it still a charge card?
@hashish2007
@hashish2007 Жыл бұрын
Well, both. :) It's a charge card in a sense that it doesn't report its limit to credit bureaus and you need to "check your spending power" prior to making large purchases. But at the same time it lets you "pay over time" for certain charges, which was not a thing when I originally got the card. I swapped it at some point to the now-discontinued AmEx Zync, because of a lower annual fee.
@flyer3455
@flyer3455 Жыл бұрын
@@hashish2007 Interesting that they give you a finance option. I have one for work but never had one personally.
@oyi21
@oyi21 Жыл бұрын
You sure this isn’t an advert for Amex?😂
@ObinnaWGMI
@ObinnaWGMI Жыл бұрын
Same
@shaunrockett2885
@shaunrockett2885 Жыл бұрын
I’ve had an Amex card as my main credit card for 17 years. One thing that has been consistent throughout those years is excellent customer service. When you call you speak to an agent right away and they never fail to be super helpful. The major bank call centres can’t match that.
@benrosenberg7972
@benrosenberg7972 Жыл бұрын
AMEX has the best customer service of any company I've ever dealt with. Within only a minute of calling, I'm talking to a US-based rep who consistently goes above and beyond. Love AMEX!
@eric336
@eric336 Жыл бұрын
I am AMEX card user in Singapore. Apart from the perks, their customer service is superb. I know they won’t make me wait long when I call their hotline. Most of the time the issues I had were always solved. I thought it was just in Singapore that did a good job on this front. Surprised to know people in other parts of the world also have good experience with AMEX.
@rawrmonster6782
@rawrmonster6782 Жыл бұрын
@@SandoClub service being the best in country of origin doesnt really hold up tho. just look at KFC and 7/11
@kung-fukenny6955
@kung-fukenny6955 Жыл бұрын
Btw Customer Service for Amex Singapore located at Kuala Lumpur for more than 30years
@tihruytssgjjvsavcxtbvhj3429
@tihruytssgjjvsavcxtbvhj3429 Жыл бұрын
Amex customer service is literally THE best customer service I've ever experienced. They can answer all my questions quickly and without transfers, even with complicated questions. 10/10.
@Thefedup
@Thefedup Жыл бұрын
AMEX card holder in the US since 1999, recently moved to the UK and I got denied by all companies here, even the bank i bank with because I had no credit. I ended up finding out that AMEX offers their US customers a service that if they move to a few specific countries they would extend you credit in that country based on your US history. Thank god for AMEX and this service. If it was not for that I would not have been able to get credit here in the UK. I will always be an AMEX customer as they actually follow their customers and work with them in so many ways!
@Ricardo1030
@Ricardo1030 Жыл бұрын
Do you recall which countries they offer this in?
@Markyroson
@Markyroson 10 ай бұрын
@@Ricardo1030 Check out "The Credit Passport by Nova Credit"/Amex. Lists countries eligible as: "Australia, Brazil, Canada, the Dominican Republic, India, Kenya, Mexico, Nigeria, United Kingdom, Switzerland, South Korea, and the Philippines."
@Cloud777-7
@Cloud777-7 Жыл бұрын
I have the gold and platinum cards , I went to egypt for free because of referral bonuses and getting to wait at an airport lounge just because I have the card is amazing. Amex FTW
@christhedoc8689
@christhedoc8689 Жыл бұрын
but the yearly maintenance fee it's $695 per year.
@Cloud777-7
@Cloud777-7 Жыл бұрын
@@christhedoc8689 not if you use the airline credit, hotel credit, saks fifth credit, and Uber credit. If you don’t value/use the credits and don’t care about bringing two complimentary guests into airport lounges with you then yes it doesn’t make sense. Those credits and complimentary guests cut the annual fee by more than half.
@christhedoc8689
@christhedoc8689 Жыл бұрын
@@Cloud777-7 ahhhh i understand, thanks for the info.
@stuartbagley2586
@stuartbagley2586 Жыл бұрын
Platinum is really good for travel. You also get reimbursement for CLR and TSA Pre-check. I was initially turned off by the extremely high annual fee, but after doing the calculus, it ended up being worth it for me. If you are interested, I would suggest trying to for a year. If you’ve never had it before, you can easily get 100,000+ points as a signing bonuses which is the equivalent of $1,000 or more. Just cancel after a year if you find you aren’t getting your money’s worth.
@jkh07d
@jkh07d Жыл бұрын
@@Cloud777-7 :( We can't take guests into Centurion Lounges for free anymore (not sure about Priority Pass lounges though), but I still love my AmEx #PlatiGang
@AdamFrugoli
@AdamFrugoli Жыл бұрын
I got my first Amex card when I was 32, 10 years later its never let me down. From flight delay insurance, recommending,reserving the best golf and restaurants to take clients to. I can’t forget them covering my new drone I flew into Bear Lake 10 minutes of ownership, they really saved me from my angry wife. It’s my Swiss Army knife.
@taylorspastpresent1014
@taylorspastpresent1014 Жыл бұрын
Got my first Amex Platinum on my 31st birthday last year. I will be switching to Gold since the lounges have been overcrowded and the platinum card doesn’t include at least one free guest. The Gold has so many benefits for dining and groceries. I’ve enjoyed the travel benefits and rewards from the Platinum regardless.
@keatonbramlett2127
@keatonbramlett2127 Жыл бұрын
Near Duluth?
@Maj.RaquelBrentsonDDS.
@Maj.RaquelBrentsonDDS. Жыл бұрын
Hello 👋
@johndong7524
@johndong7524 Жыл бұрын
She should have divorced you right after you bought a drone, manchild.
@NadiaSeesIt
@NadiaSeesIt Жыл бұрын
​@Karl with a K it's SO SAD how you go to every comment to be mad lol
@mtronics
@mtronics Жыл бұрын
There's a niche within the AmEx business cards and how they only report to your EIN. And how it doesn't report to your personal credit. So you can run your business and spend 20k+/m and not tank your credit. That's when I see the good rewards coming in. There's a card out there for everyone that can maximize your rewards, just have to do your homework.
@TheMoesoliman1
@TheMoesoliman1 Жыл бұрын
Chase is the same. Capital One reports to your personal credit report.
@O1012-u7q
@O1012-u7q Жыл бұрын
Interestingly, Ferrari Financial Services also don't report loans to credit bureaus, just inquiries.
@mtronics
@mtronics Жыл бұрын
I was going to mention Chase too. My accountant told me that's the close second.
@Anthonyjones-pq4ff
@Anthonyjones-pq4ff Жыл бұрын
@@TheMoesoliman1 yeah but chase has that 5/24 Rule I don’t know if it’s the same for their business as the personal side correct me if I’m wrong Would love too apply but over the 5/24
@Black____
@Black____ Жыл бұрын
@@Anthonyjones-pq4ff Business counts as well toward 5/24 if I’m not mistaken.
@animeshacharya6532
@animeshacharya6532 Жыл бұрын
As someone working in AmEx, it's good to see our work making a difference!
@KingofgraceSARA
@KingofgraceSARA Жыл бұрын
It would be nice if you'd use your culture names instead of names like "Bob" & "Mary Beth."
@johndong7524
@johndong7524 Жыл бұрын
It doesn't. You're answering phones, not saving lives, Rakesh.
@bigdarshan
@bigdarshan Жыл бұрын
​@@johndong7524and what work do you do to save lives? Get a life dude
@LexlutherVII
@LexlutherVII 10 ай бұрын
@@KingofgraceSARA Lol, 😂
@manyamanjunatha5389
@manyamanjunatha5389 8 ай бұрын
@@johndong7524 Don't be so rude John.
@thunderb00m
@thunderb00m Жыл бұрын
Some of the rewards aren't really worth it for me, but I really respect amex. When I moved to the US and no one would give me a card due to insufficient credit history , amex approved me. It's my first credit card in the US and the one I will always keep.
@Omikoshi78
@Omikoshi78 Жыл бұрын
Same, pretty much the only reason why I keep their plat card around.
@KuyaRGB
@KuyaRGB Жыл бұрын
Rewards are trash for the everyday person IMO. If you are very affluent I can see how it can help but it’s not all that
@Red_Horseplay
@Red_Horseplay Жыл бұрын
@@KuyaRGB 4x back at restaurants and supermarkets are bad for the everyday person?
@cancelled_user
@cancelled_user Жыл бұрын
@@Red_Horseplay in the UK Amex give 0.5% cashback
@KuyaRGB
@KuyaRGB Жыл бұрын
@@Red_Horseplay that’s not bad but for that annual fee? There’s free cards that have almost up to par rewards. Ngl I was thinking about Costco usage but I know that costco doesn’t fall in the Groceries catagory
@IslemTav
@IslemTav Жыл бұрын
I have been an AMEX user since 1999 and will ALWAYS be an AMEX user. Their customer service is second to none. Love the perks! I get back more than their annual fee, so I don’t mind paying for it.
@annedon776
@annedon776 Жыл бұрын
I would agree up until 3 weeks ago. They have outsourced the customer service for platinum card and was shocked. Was not a good call or the 3 others I needed after card was hacked. I hope this is just a blip and will go back to who they use to use. 40 year cardholder too.
@ducks-on-quack
@ducks-on-quack Жыл бұрын
@@annedon776 platinum sucks now unfortunately. I’m downgrading to green this year
@Frank787-9
@Frank787-9 Жыл бұрын
Have had a platinum since 94, their annual fee could be $10000, I wouldn't care, as long as their customer service stays at good as it is! 😂
@Frank787-9
@Frank787-9 Жыл бұрын
@Karl with a K AmEx customer service is comparable to nothing.
@ChrisHemsworth-nd1vq
@ChrisHemsworth-nd1vq Жыл бұрын
Hello 👋
@Shane-fh4uu
@Shane-fh4uu Жыл бұрын
As a small business owners, Amex has been by far the most flexible card I have ever used. I use business platinum almost exclusively now except the other ones I use are Amex Business Plus and Amex business gold for different rewards categories (I spend 7 figures each year and don't pay a single cent in interest). I started off with Capital One Spark Business but it went from 30k limit to 50k limit at most and it got to the point where I had to pay it off 3-4 times a month to keep using it. With Amex I have never been declined for anything ever. 50k purchase? all good. 80k? no problem. 200k test charge from a distributor to make sure I'm not just pulling their tail was instantly approved. The last one I was really surprised to be honest but ever since then I've never bothered to use any other card. Capital One /Chase have declined me for much less.
@fx_rin
@fx_rin Жыл бұрын
Same situation here. The business plus card is great!
@ArtAndLife-o2d
@ArtAndLife-o2d Жыл бұрын
Their new annual fees of $700 are insane
@Shane-fh4uu
@Shane-fh4uu Жыл бұрын
@@ArtAndLife-o2d well I would only advise to get it if you are sure you can get your money back. I have amex plat biz and amex gold biz for different rewards categories but it’s $1k in annual fees. I also have $200 chase ink premier and another capital one but again different categories and I get my money back each year. Amex plat I get $400 Dell credit each year to buy something and resell so I get $300 out of that easily. I also get $200 or so in airline credit for incidentals like checked bags and stuff. The remaining $200 is made up in 1.5% cashback pretty easily.
@CaridorcTergilti
@CaridorcTergilti Жыл бұрын
What if they just took the 200k and ran away?
@Shane-fh4uu
@Shane-fh4uu Жыл бұрын
@@CaridorcTergilti large businesses don’t do that. If a distributor tried to run with your money you can chargeback with amex as you never got products you were promised. If for whatever reason amex can’t do that, you take them to court and I’d imagine you’d win pretty easily unless you signed some scam contract but the other party would have no proof of delivered goods/services.
@551223
@551223 Жыл бұрын
I love Amex. I currently hold 6 cards, checking, and savings with them. Their customer service is amazing and their cards offer great benefits! Never paid interest in my life and I’ve profited so much from their bonuses and intro offers!
@sanchitsinha7101
@sanchitsinha7101 Жыл бұрын
Does it bother you that Amex does not have a physical branch? I am hesitant to open Checking with them - what if you need like a Cashier's Check at short notice? Apart from that HYSA is good and I own Gold, Delta Gold and BCP. Amazing perks and no complaints whatsoever.
@551223
@551223 Жыл бұрын
@@sanchitsinha7101 well, I dont really ever deal with cash for one. So, not having a physical branch does not effect me. However, i think holding a few hundred in a secondary checking account, like chase, can alleviate some of that concern. You can switch over all your automatic withdrawals and deposits to your amex checking. So your primary income will still earn their 1x APY and you have the chase checking cushion
@bruceh4180
@bruceh4180 Жыл бұрын
@@sanchitsinha7101 I have a Capital One checking account. On the rare occasion I need a cashier's check, I request it online, then they express mail it for free. I assume Amex has a similar program. I also have an old WF acct I can transfer into and visit a branch.
@JusteriniNBrooks
@JusteriniNBrooks 7 күн бұрын
can you explain why you have 6 cards ? why would you need more than 1 ? This makes no sense me (from Europe). thanks
@551223
@551223 7 күн бұрын
@@JusteriniNBrooks I have more than 6 cards. Closer to about 18. I churn through credit cards to get the intro bonuses. I only actually use about 3-5 cards daily that offer the most benefits
@Carcadia393
@Carcadia393 Жыл бұрын
Not just for wealthy lool we've been able to make back thousands on credits that we would have used anyways and really great travel point redemption. If you pay attention and actively track your spend and gains, Amex can work for you. This is from a reg middle class person.
@GrayPenguin
@GrayPenguin Жыл бұрын
Capital One is better. They both convert to miles, and it's easier for most to get them from Visa cards.
@g43654
@g43654 Жыл бұрын
The wealthy will have a black card, while the rest of us will have to make do with a Platinum or lower.
@GrayPenguin
@GrayPenguin Жыл бұрын
The black ⚫️ card is the only truly status card.
@GrayPenguin
@GrayPenguin Жыл бұрын
They like the status. And that the discounts are at the types of merchants they already use. I don't like it as much for the same reasons. I don't believe that any of them have markedly better service so it's about the number and exchange abilities of the points.
@edgardolopez500
@edgardolopez500 Жыл бұрын
@@GrayPenguin I have both the Venture X and the gold card. While the simplicity of the Venture X and the fact that so many more vendors accept it is great, they are so stingy with credit limits. My Gold Card on the other hand will allow me to charge as much as $75k on it if ever needed. Due to the multiplier categories I earn so many points from it as well. I feel like your comment is more geared towards the Platinum card in which case I would agree, but I truly believe the gold card is one card that all consumers should at least consider.
@javianjohnson8746
@javianjohnson8746 Жыл бұрын
Those rewards/perks are a major plus. Especially with the AmEX exclusive check-in areas at events, concerts, and other invites to other experiences. Anyone would love to feel like they can "cut ahead of the line" if all they have to do is have an American Express card. Genius business model
@jfromjersey147
@jfromjersey147 Жыл бұрын
Do I have to book the tickets on the Amex site for the check in areas? What cards are eligible? 🙏🏽
@Cyb3rCl3ric
@Cyb3rCl3ric Жыл бұрын
I’ve been a proud Amex cardholder since 1999. Amex Platinum since 2003. Absolutely love it!
@creepystack1090
@creepystack1090 Жыл бұрын
Was in Mexico on a holiday as a child, and my dad had heard a hurricane was inbound and we were in the place the eye was going to pass through. The hotel turned off the local channels so nobody would leave or get freaked out, as a a last resort my dad called Amex and they said theres a flight leaving in 45 minutes get on that plane ! We quickly threw everything in our bags and took a taxi to the airport and barely made it and enjoyed the second half of our trip in Palm Springs, the area in Mexico we left was devastated everyone only had 1 gal of water per day no power etc . As an adult I have 4 Amex cards .
@ricardomoran4609
@ricardomoran4609 Жыл бұрын
Anytime you call customer service, they answer almost immediately. There’s almost never a wait time which is incredible
@Noneofthedays
@Noneofthedays Жыл бұрын
I have 6 different cards with Amex and put every bit of spend on them I can. Phenomenal customer service - especially through their chat system. Great, useful rewards. Used to use Chase more, but their service can’t compare. I keep a Visa for when Amex isn’t accepted, but I’m a total Amex fanboy.
@DOGO8991
@DOGO8991 Жыл бұрын
It's so refreshing when customer service actually happens to be responsive, efficient, and competent.
@mkrisch1986
@mkrisch1986 Жыл бұрын
By far the best chat system period. No other company i have experience with comes close.
@andrewdiamond2697
@andrewdiamond2697 Жыл бұрын
About 30 years ago, I somehow got stuck in Budapest with no bank/ATM/etc. capacity and just an Amex Card. Back then, a lot of Europe was still cashed based and I just wasn't prepared for that. Amex just gave me about $500 in Hungarian Forints and UK Pounds (About $1100 in 2023 dollars) and just put it on my card balance for me to pay back when I returned to the USA. No fees and no fuss at all. Today, I drive well over $70k annually through my business and personal Amex cards.
@PjPjPaul
@PjPjPaul Жыл бұрын
Millennial here. I'm enjoying my AMEX Platinum experience so much I bought stock in AMEX. I was reluctant because of the really expensive annual fee, but if you put in a little effort you can easily offset the annual fee with things they offer for free. Also, their customer service is freaking amazing. It's become the card I use everyday.
@johndong7524
@johndong7524 Жыл бұрын
Sucker )))
@aznnp77
@aznnp77 Жыл бұрын
That wouldn't be a good strategy for me investing wise. I'm a frugal guy, and only shop at places with the best prices. That means low margins. You gotta buy stock in companies that have high margins, but people buy it anyways. I.E. Lululemon and their $120 yoga pants.
@Troy-fv9uq
@Troy-fv9uq Жыл бұрын
Been a member since 05. Have used 3 different cards in that time. Great rewards and A+ customer service.
@etchvee
@etchvee Жыл бұрын
I love my Amex - they were at campus handing out Amex to students and I stuck with them since then. I use them as debt card to collect points which can be redeemed for generous gifts. Customer service is unparalleled
@CurtisCT
@CurtisCT Жыл бұрын
That's how I got my Amex years ago. They set up a booth at my college campus and all you had to do was sign on the dotted line...which I did. Years later, I was surprised to learn they had such a premium image and that the card is so hard (for some people) to get.
@qwertz247
@qwertz247 Жыл бұрын
@@CurtisCT how much is your annual fee?
@worldcitizeng6507
@worldcitizeng6507 Жыл бұрын
​@@qwertz247 my Amex Blue from my MSU days were free, low limits but I always pay off my balance. In 2018, they offered me the cash back bonus CASH MAGNET card, no annual fees. I can redeem my points when it's accumulated to $25, apply to next month's payment.
@mdbbox5660
@mdbbox5660 Жыл бұрын
My Amex blue was my primary card for everything until they nerfed the rewards they offered. I get better rewards via Citi double cash. Never had an issue with the company, but I've not had an issue with Citi either.
@good-tn9sr
@good-tn9sr Жыл бұрын
I’m 20 and in college and my Amex blue cash everyday is my primary card simply because their app UI is the best of their competitors.
@lightfusegetaway
@lightfusegetaway Жыл бұрын
Got the same card. I never carry a balance, use it mainly for gas and groceries, and get around $150 balance credit every year... Can't beat free money!
@BuckBreaker
@BuckBreaker Жыл бұрын
Love this card. I rack up free money from cash back and pay off car repairs and such. I use the skymiles card at restaurants and fly all over for free. AmEx has great rewards.
@therecycledpirate
@therecycledpirate Жыл бұрын
These comments are the best advertisement for a business ever. Makes me almost want an American Express Card.
@BusterDarcy
@BusterDarcy Жыл бұрын
Biggest thing holding me back from Amex is that it’s just not nearly as widely accepted as my Mastercard. The absolute last thing I want is to have to plan ahead based on whether or not my credit card will be accepted somewhere.
@kevindao1103
@kevindao1103 Жыл бұрын
Being a big Amex fanboy, I've retired most of my Citi cards that I used to carry (didn't close them since a line of active credit helps of course! Even if you don't use it) and use my Amex cards when I can. The service is just too good. However I do carry one of my four Citi cards in my wallet in case if the former isn't accepted.
@MisterMonsieur
@MisterMonsieur Жыл бұрын
I use my Amex cards exclusively and have only found one retailer -- an ice cream shop -- that didn't accept Amex. There's nothing to worry about.
@bruceh4180
@bruceh4180 Жыл бұрын
You don't need to plan ahead. Just have an Amex and your choice of Visa/ MC
@elizabethsmith1180
@elizabethsmith1180 Жыл бұрын
I literally have used my Amex every day and only 2 places haven’t accepted it.
@johndong7524
@johndong7524 Жыл бұрын
@@MisterMonsieur start visiting places where adult people shop and you will find more places that won't accept Amex.
@fartingrocket6795
@fartingrocket6795 Жыл бұрын
Had an Amex when I lived in France. The customer service is unmatched. Talking to them on the phone you feel appreciated as a customer. And I never had an issue when claiming anything covered by my insurance, whether it was an issue with a rental car or my home door locked from outside. I was really sad when I had to cancel my card because I left France.
@jealva
@jealva Жыл бұрын
I’ve been a member since 1995 (got the Green card in 1988 in college but dropped it for a couple of years) and I love my AMEX Platinum. It’s especially great for travel benefits.
@DiamondAJ
@DiamondAJ Жыл бұрын
What does it say in your card? Member since 88 or 95?
@thewellpaidwoman828
@thewellpaidwoman828 Жыл бұрын
I am one of the baby Millennials who makes 6 figures and has a platinum Amex. Before getting my AMEX, I never understood why so many people talked about AMEX. Now as someone who travels a lot, the Uber perks, Hotel credits, experience credits at certain hotels, airport lounges and points on flights is so worth it. (As a Black woman, people also treat you better when they see the AMEX. A lot of the discrimination id previously dealt with is no longer an issue, people who don't even work for AMEX see the card and instantly start treating you like you're filthy rich.)
@gabrielalexanderpalma6083
@gabrielalexanderpalma6083 Жыл бұрын
I've been with Amex since I turned 18, back in 2017! I had a 590 credit score with zero history... now I have a business account with them, the gold, and the platinum card! I also use their savings account and have their new debit card, though I don't use debit much... they have always been there for me, so they're all I practically use
@IFlyMileHigh
@IFlyMileHigh Жыл бұрын
Been an Amex member since 2020. Such great customer service and benefits I now have 3 cards.
@Nicckkster
@Nicckkster Жыл бұрын
I talk so much great things about Amex. As a user since 2011 with a green,gold and platinum card in my wallet, I use it as my everyday cards. The amount of perks and rewards makes me so happy and their costumer service is just great. Always there when I need them. I tell everyone they must carry one in their wallets because once you do, you don’t look back.
@ProphetC2
@ProphetC2 Жыл бұрын
Why have all three instead of simply the Platinum? Use a single card for everything instead of paying all the annual fees.
@dumdumbrown4225
@dumdumbrown4225 Жыл бұрын
Middle class Aussie here - love AmEx… was one of my first no-annual -fee credit cards, and today I have a platinum card with them. Moving long-term to the US in a few months, and will get one there with the AmEx international customer program.
@ChrisChiappetti
@ChrisChiappetti Жыл бұрын
That’s the wrong “Platinum” card they’re showing in the video. There’s a big difference between the main Platinum and the Delta Platinum.
@kwame717
@kwame717 Жыл бұрын
lol. I was hoping someone else noticed that.
@jaybinning2890
@jaybinning2890 Жыл бұрын
ChatGPT must have done the video editing too, lol.
@Jules-fr5gm
@Jules-fr5gm Жыл бұрын
🙄that went over your head. They literally said it was just another travel card => insert a familiar travel brand to visually connect dot
@jaybinning2890
@jaybinning2890 Жыл бұрын
@@Jules-fr5gm Lol, no, they pointed an arrow directly at the only "Platinum" word in the AMEX Delta Skymiles card sell sheet. There were also 2 other cards on that sell sheet they could have pointed to. The video editor probably just googled "Amex platinum", that link popped up, and they used it for stock footage. Just a simple mistake in the video, but a funny one to call out for us credit card nerds.
@bh1462
@bh1462 Жыл бұрын
I first applied for an Amex in 2017. I only had it for 2 years then canceled to move on to a different card. 3 years later I signed up for another Amex, it still says Member since 2017 on the card. Nice touch.
@kathleenjames3546
@kathleenjames3546 Жыл бұрын
The power for creating a better future is contained in the present moment, You create a good future by creating a good present.The key to financial freedom and great wealth is a person's ability to convert earned income into passive income to build generational wealth ,this trick has never failed .
@connieharvell8494
@connieharvell8494 Жыл бұрын
It quite interesting to know over 97% of the billionaires we know are all secret investor in crypto, that were they grow their billion dollar portfolio ?
@marryannwhite2759
@marryannwhite2759 Жыл бұрын
Bitcoin doesn't always assures winning, the ability to make profit off your capital is what makes you win.. Stop relying on the market price to make profit. Choose trading ?
@philtyler8721
@philtyler8721 Жыл бұрын
I truly agree with you on that, I must say trading is the future and with the way Bitcoin is growing, it's really advisable for people to trade now.
@leoharry8025
@leoharry8025 Жыл бұрын
Initially, my intentions was to start trading Bitcoin full time, I also need good mentorship. Thanks?
@stowemanning644
@stowemanning644 Жыл бұрын
@@leoharry8025 If you don't know , trading with mr Edward Jason , over time will yeild more returns than doing it all at once. Finding a certified advisor who can educate you on how market has been advised if you're just starter. I'm referring all individuals to trade with mr Edward,?
@carsonw8223
@carsonw8223 3 ай бұрын
I spent 176 days of the last year travelling internationally and have Amex platinum and Chase Sapphire. Sapphire is better. I only use Amex for Uber and car rentals, and the Sapphire for everything else while abroad for two simple reasons: only hotels, car rentals, and tourist botique shops accept Amex, while saphire is VISA and accepted everywhere. The second is that sapphire gives you the option to convert points into cash at a fair rate, and Amex does not. Everything else about them is comparable or irrelevant to me.
@landonbrown9943
@landonbrown9943 Жыл бұрын
Gotta love Amex customer service
@JAlexanderCurtis
@JAlexanderCurtis Жыл бұрын
This is so true. You call and get a real human almost instantly. No nasty phone trees or talking to a robot. The people are helpful, friendly, and don't follow scripts. They actually have the power to do almost anything you ask for. Try calling any other bank and its an exercise in frustration.
@PeterLawton
@PeterLawton Жыл бұрын
Nope. I had a nightmare experience. Never again, Amex.
@cancelled_user
@cancelled_user Жыл бұрын
@@JAlexanderCurtis In the UK I've been using their chat system instead of calling them and it seemed little bit like it could be following scripts.
@richardhart9204
@richardhart9204 Жыл бұрын
@@cancelled_user Call them. Their agents are very friendly and always on your side. It's the best customer service in the credit card world.
@S24Ultra-b2t
@S24Ultra-b2t 9 ай бұрын
Amex customers are so high end the moment you schedule a payment you get the credit available. They know youre good for it 🔥
@tt-designs124
@tt-designs124 Жыл бұрын
I’ve had an Amex since my early 20’s. One unknown perk that I was told about is that if you were a card holder you could cash a personal check at one of their offices anywhere in the world. I never had to use it but I used to keep a blank check in my passport while backpacking through South America and Europe.
@jirenthegray
@jirenthegray Жыл бұрын
I love Amex. I've never seen a card company that really helps you manage your balance. They really value your business.
@jip230
@jip230 Жыл бұрын
I have an Am Ex Gold and an Am Ex platinum and the customer service is on point. I have the gold on a joint account with my parents and my mom and dad are elderly and we appreciate the solid customer service when my parents have a question. I have the platinum on my own and I got it for the perks and witnessing the five-star customer service my parents have been given. Yes, Am Ex is the real deal!
@gplez91
@gplez91 Жыл бұрын
My AMEX Gold card’s welcome bonus just bought me a $3500 flight at the front of the plane to Budapest for just over 100k points. The annual fee was well worth it!
@Dfgbuiiyyyybb
@Dfgbuiiyyyybb Жыл бұрын
The biggest problem with Amex is that you can’t just leave home with ONLY your Amex because it is not as widely accepted as Visa or Master Card. I remember on atleast 2 occasions where I was traveling overseas in Hong Kong and my 2 places I went to didn’t take Amex but took Visa.
@jefferybaxter1225
@jefferybaxter1225 Жыл бұрын
That's true. I assume you're the only one who mentioned this where AMEX is not accepted everywhere. While watching this video, that thought came to my mind as well. Certain gas stations don't accept AMEX and certain restaurants don't AMEX. Couple other businesses too, but I mentioned gas and restaurants due to the fact that those two are more common for general credit card use. Primarily AMEX isn't accepted due to the fact that their fees are too high.
@nikkosr888
@nikkosr888 Жыл бұрын
I am 25 years old and currently live in Japan. With low and almost no credit history, Amex approved my credit card while another credit card company in Japan declined my application. Their services and perks are far better compared to another credit card.
@AdeilHussainSabri
@AdeilHussainSabri Жыл бұрын
Amex are fantastic, great rewards and fantastic customer service. I’ve had mine for about a year now and can’t think of cancelling it
@ThatCho
@ThatCho Жыл бұрын
The single best reason to get an AmEx is customer service hands down!!
@markplymale
@markplymale Жыл бұрын
100% Cho!
@kallemueller3194
@kallemueller3194 Жыл бұрын
Now I know why American visitors often have AMEX and try to pay with it here in Germany, which leads to frustration when the card is not accepted. Locals typically pay with debit card or older people pay cash. Credit cards are accepted at a lot of places too, but Visa and Mastercard are preffered as AMEX charges horrendous fees to merchants, I have heard this from various store owners.
@robk1003
@robk1003 Жыл бұрын
Thoroughly agree. I have an Amex corporate card. I'm on a work trip to Lithuania. I'm using mostly my own personal Visa card plus cash. Nowhere in Lithuania accepts Amex.
@ajh.4131
@ajh.4131 Жыл бұрын
You would think it’d be common sense. It’s AMERICAN Express. So why do people think there would be no problem in countries outside the US? I don’t get it lol
@anthonymaina2215
@anthonymaina2215 Жыл бұрын
Well, if you are doing business and want to attract high spenders, swallow the fees…
@marcelwramp4067
@marcelwramp4067 Жыл бұрын
I’m also frustrated as a German citizen if merchants not do accept AmEx. In general, it seems the acceptance is rising in Germany, you can pay at Lidl, Rossmann, dm, Saturn/Media Markt, most of hotels and gasoline stations. You can also put AmEx as preferred payment solution into your PayPal account to use it for smaller businesses or online shopping etc.
@GhostlyMeows
@GhostlyMeows 9 ай бұрын
It's funny when they don't accept Amex because of the fees. Guy infront me at a store, was told they don't accept Amex, so he whipped out an Infinite Privilege Visa. 😂 Those high tier cards come with huge transaction fees. Way more than Amex.
@ala.9768
@ala.9768 Жыл бұрын
When I moved to the US, no bank would give me credit card. I switched my Canadian Amex to US one. So easy and great point reward system that pays for itself. Happy customer!!
@IReapZz95
@IReapZz95 Жыл бұрын
in Europe the credit card adoption is much lower because the benefits offered by cards are pretty bad due to the aggressive legislation from the EU limiting the transaction fees charged by these cards. The lower transaction fees force card companies and banks to actually pay for the so called "benefits" instead of pushing that expense to the businesses with exorbitant fees, like they do in the US
@hbarudi
@hbarudi Жыл бұрын
Better that way to reduce dependence on credit cards.
@isaacnava9364
@isaacnava9364 Жыл бұрын
I got my first Amex card at 20, I've been with them for 3 years now, and I can only say great things about them. It's a product that will be in my wallet forever.
@johndong7524
@johndong7524 Жыл бұрын
Simpleton.
@isaacnava9364
@isaacnava9364 Жыл бұрын
@@johndong7524 says you 😂
@johndong7524
@johndong7524 Жыл бұрын
@@isaacnava9364 Keep paying those annual fees while I earn cashback for free, sucker!
@BerniecePiette445
@BerniecePiette445 9 ай бұрын
Real estate investors losing money is music to my ears. They are a major reason why the real estate market is the way that it is now.
@Lida-sh6ee6667
@Lida-sh6ee6667 9 ай бұрын
Please i need help
@Lida-sh6ee6667
@Lida-sh6ee6667 9 ай бұрын
Thanks for the info . Found her website and it really impressive
@superazn264
@superazn264 11 ай бұрын
3:14 guy is incorrect, Amex can not see item level transactions unless the merchant shares level 3 data with Amex. In terms of transaction data, Amex sees very similiar data as VISA/MC such as $, location, merchant, and MCC codes. Amex does have the customer profile such as age, income, and FICO scores where VISA/MC does not, however the issuer such as Chase and Citi has that information
@Itsmarkyoung
@Itsmarkyoung Жыл бұрын
Everything they say here is true! My Amex is my first card I reach for, and I pay for almost everything between my 2 amex cards, even though I have others. The rewards and perks are too good to pass up
@rabbit251
@rabbit251 Жыл бұрын
My wife owns her own company and makes a relatively good income. She never heard of AmEx until a few months ago when she went to very swanky hotel here in Tokyo to meet a friend. My wife asked why she was staying at such an expensive hotel. He friend told AmEx paid for it as a benefit. My wife called and got us both cards. Even though we been married for 15 years, none of the Japanese banks would issue me a card because I'm a foreigner. AmEx gave me a card. And we can use it anywhere here in Japan. Even our local supermarket accepts it. Haven't found a place yet that didn't accept it in Japan.
@aroseformydyingluv
@aroseformydyingluv Жыл бұрын
By no means I’ve ever consider myself wealthy but I do have the platinum and I love that I have to force myself to pay off every month so I never have a balance plus I take Advantage of all of their perks and rewards so the fee pays for itself basically I’ve been able to rack up 700k in points since I’ve gotten it definitely recommend it if you love to travel. Also their customer services is just amazing! Never had any negative experiences calling them
@Carcadia393
@Carcadia393 Жыл бұрын
I wanted to cry at the annual fee but after the first year woow I totally agree, it's paid me back in so many ways
@aroseformydyingluv
@aroseformydyingluv Жыл бұрын
@@Carcadia393 yes!!! It definitely paid for itself in my case! And the benefits aren’t for everyone that’s for sure
@StephanieRebecca-0
@StephanieRebecca-0 5 ай бұрын
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for...
@cjay233
@cjay233 3 ай бұрын
I've been thinking about it and had my mind pretty much made up. Now, I'm back to 'unsure.'
@Brandonsteven1
@Brandonsteven1 2 ай бұрын
Crypto is risky as many would say but I think the actual risk in Crypto is not investing, buying the capitulation isn't a tough call, but it is a very tough call to figure out what to do aside holding. I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time
@NathanStevens23
@NathanStevens23 2 ай бұрын
I'm new to cryptocurrency and don't understand how it really works. how Can someone know the right approach to investing and making good profits from cryptocurrency investments?
@Brandonsteven1
@Brandonsteven1 2 ай бұрын
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Coach Alex. A widely known crypto consultant
@RicardoRolfson6
@RicardoRolfson6 2 ай бұрын
I'm surprised that this name is being mentioned here, I stumbled upon one of his clients testimonies on CNBC news last week...
@Brandonsteven1
@Brandonsteven1 2 ай бұрын
This is he’s telegrams user name
@Brandonsteven1
@Brandonsteven1 2 ай бұрын
@alldailyalexi THAT’S IT
@CalvinGilbert-g9y
@CalvinGilbert-g9y 5 ай бұрын
I just wanted to say how much I appreciate your approach to trading. You're not just giving us signals to follow blindly - you're actually teaching us how to think like traders and make our own informed decisions. Your channel is truly invaluable for anyone looking to improve their trading skills.
@omaralguera7621
@omaralguera7621 Жыл бұрын
Amex gold card is a great investment for average people, I have been getting a lot of points for my spending in groceries stores and restaurants. Recently I got approved for the Platinum Card (I'm planning to travel more often) so what I did with this one to compensate the high price ($695) beside I use some of its perks, I charge each authorized user $175 (already have 3) although they don't have all the benefits that I do, they are going to take advantage of the Fee credit Global Entry ($100) and airport lounges etc. Therefore it's a WIN-WIN because it's worth it for them and BEST PART I'm only going to pay only $170 🙂
@raymondcaylor6292
@raymondcaylor6292 Жыл бұрын
I carried a Gold or Platinum card for year's. I carry the Blue Cash Everyday card today that has limited rewards but no annual fee. I think I have about $2,500 in credit balance on it. I only use it for convenience. American Express is a great company that still has great customer service and support.
@internati0naled974
@internati0naled974 Жыл бұрын
Got a Platinum card and a BCP. I’m far from a wealthy guy. I like the value and the few times I contact their customer service they’ve been stellar.
@blackberrybrooklyn7371
@blackberrybrooklyn7371 11 ай бұрын
I'm a cashier in a big named sports stadium and when the customer pulls out a AMEX to pay for their purchase I automatically think they're rich. Growing up i was taught by the media/world to associate AMEX with wealth.
@itissrinivasan
@itissrinivasan Жыл бұрын
Best customer service ever. Worst acceptance rate I’ve seen ever. But definitely an aspirational product
@douglasa.5039
@douglasa.5039 Жыл бұрын
Been a platinum member for 16 years now. Love the awards and perks. Travel abroad and domestic is a breeze .Great customer service also. I only have two credit cards Amex platinum and discover. No, i am not super rich i am upper middle class.
@Papichoochoo1969
@Papichoochoo1969 Жыл бұрын
What is middle class??????
@douglasa.5039
@douglasa.5039 Жыл бұрын
@@Papichoochoo1969 Yes i hear you middle class is soon to be a thing of the past!!!
@doom2060
@doom2060 Жыл бұрын
The AMEX gold is so good. Insane value that pays for itself
@mega-hb4re
@mega-hb4re Жыл бұрын
I’ve started with 5k credit and 3 years later I got a credit limit of 30 k. I’m not going to use that much because of the interest but it has allowed me to do big purchases when I needed them.
@mpc7440
@mpc7440 5 ай бұрын
I’ve been a proud AmEx card holder since I was 18! AmEx is a truly professional company.
@dia37355
@dia37355 Жыл бұрын
It is such a nice card with great cs and perks. However as a 20 plus year Amex holder, the fact that there are more than a few merchants who don’t accept Amex is such an inconvenience.
@justincarrizales1206
@justincarrizales1206 Жыл бұрын
They don’t wanna pay the merchant fees 😂
@JAlexanderCurtis
@JAlexanderCurtis Жыл бұрын
I find thats it has gotten pretty good the past 5-8 years. There was a long time when you had to actually ask if they took AMEX before paying because maybe a third of merchants didn't take it. Now its single digit percentages. In the past year, I've had 3 experiences where I went to pay and they didn't take AMEX. Four I guess if you count Costco. I'm a pretty heavy spender. My parents have a Discover card and there are far more places that don't take Discover than don't take AMEX. Thats how its been for me at least, ymmv. Thats in the US at least. Outside the US it's pretty bad. There are a lot of places that don't take it once you leave the states.
@justincarrizales1206
@justincarrizales1206 Жыл бұрын
@@JAlexanderCurtis sad unfortunately. That’s why visa has them beat in revenue and cheaper merchant fees
@dia37355
@dia37355 Жыл бұрын
@@JAlexanderCurtis I don't mean to have an argument with you. However I disagree with you. I primarily use Discover. (heavy user) For the last 2 years since I started using, I have been rejected twice by venders for use of Discover. I can name them. They are Great Clips and a Japanese restaurant in CA. That caught me off guard. Even Discover brags about 99% us merchants accepts Discover. I ran into so many Asian businesses who are very sensitive about high processing fees and are not utilizing Amex. Don't get me wrong. I am an Amex fan and wish that Amex could be widely more acceptable among merchants and vendors.
@ExpatJoel
@ExpatJoel Жыл бұрын
costco, namely. I spend so much there
@I_am_somebody_1234
@I_am_somebody_1234 Жыл бұрын
In Latin America, the swipe fee is often so high that is very common to see signs saying "AmEx not accepted in this stablishment" at around everywhere that is not an US franchise
@teniechac9556
@teniechac9556 Жыл бұрын
Seeing that Wachovia building in the stock footage was a real throwback.
@lmorgandiaz
@lmorgandiaz Жыл бұрын
Right, took me back to the early 2000s
@blktester
@blktester 8 ай бұрын
As a member since the mid 90's I can say the services I've utilized on both my gold and platinum card are exceptional. In addition to the literal increased attention and service I've experienced when presenting one of my cards makes me internally giggle. The "member since" notation is always noticed by merchants and produces a respectful and courteous service behavior. It adds to the joy of shopping with my Amex.
@clownbroadcastingchannel7335
@clownbroadcastingchannel7335 Жыл бұрын
Here in Canada, lots of retail places refuse to accept Amex over higher transactional fees, but it does seem like a sly business model to overcharge retailers slightly to offer increased perks to its clients that can use it
@volkovkee9485
@volkovkee9485 Жыл бұрын
Why not? If the little extra brings in the customers.
@khai3192
@khai3192 Жыл бұрын
If you look at the spending is a recycle thing, you might have different perspective. Unless you just limit that as a single transaction, maybe.
@chancellorasher9417
@chancellorasher9417 Жыл бұрын
There’s a loophole to this lol but yea stills sucks that they don’t accept amex or refuses to accept Amex (even though they can)
@spare97
@spare97 Жыл бұрын
The irony is their fees are LESS than the super premium VISA cards like the $600 TD Aeroplan visa charges more in fees to merchants than AMEX does. Most large retailers will take AMEX though, and with places like COSTCO going with a specific card, you would miss out 2/3 of the big cards shopping there anyways, so I don't count them. Small mom and pop places, use your VISA/MC...all gas stations that aren't mom and pop also take amex. (My local mom and pop gas takes AMEX FYI)
@redheads604
@redheads604 Жыл бұрын
@@spare97 loblaws, the biggest retailer group in Canada, don't accept amex.
@aliamarieruns
@aliamarieruns Жыл бұрын
I have had a couple of AMEX cards since I was 19, and they have been my favorite card company to use. My favorite card is the Delta Reserve card for personal use and the platinum card for my business. The perks are worth the fairly hefty yearly fee.
@mtronics
@mtronics Жыл бұрын
The biz platinum is where its at..100%
@AbhinavYadav-zm7ut
@AbhinavYadav-zm7ut Жыл бұрын
The Delta one is a great return on investment. I saved money on checked bags, the card keeps me in the Skymiles program eliminating many minutes that would have been wasted in queues. The companion certificate is great too!
@MisterMonsieur
@MisterMonsieur Жыл бұрын
If you actively use the card, you earn back the membership fee 4x in points, retail discounts, etc. They're all great value.
@IslemTav
@IslemTav Жыл бұрын
Yes! Their Delta cards are AMAZING! I’ve saved a ton just on the free luggage checks. I usually travel with two checked-in bags. Delta would very often comp the second one for me! 😊
@ChrisHemsworth-nd1vq
@ChrisHemsworth-nd1vq Жыл бұрын
Hello 👋
@16nowhereman
@16nowhereman Жыл бұрын
I've had my AmeX card for over 40 years now and have no regrets. Number one reason I love my card is their customer service. No long waiting to speak to a real person. Second reason is their double warranty on electronic products. The other offers that AmeX offeres are icing on the cake. Love that taste.
@NicksDynasty
@NicksDynasty Жыл бұрын
I'm not wealthy yet I just have the platinum card for the benefits. I love chilling in airport lounges and having status with hotels and rental cars I spend very little on the card
@thekreativeculture9642
@thekreativeculture9642 18 күн бұрын
Even though you spend little on the card, they don’t close your account? Or put a limit on it?
@NicksDynasty
@NicksDynasty 18 күн бұрын
@thekreativeculture9642 no they won't close if you use it once a year.
@kennethli8
@kennethli8 Жыл бұрын
Amex is also a status brand like Apple, which has a Halo effect. Visa or MasterCard unlikely to disrupt Amex's business model since JPMorgan's Sapphire card have yet to show a big enough of an affect on Amex. And the Sapphire card have been out in the industry for already 10 years.
@joylox
@joylox Жыл бұрын
I'm in Canada and only about half of the places I go accept AmEx, but there's a points system we have for groceries, movies, and all sorts of rewards, and the AmEx rewards card offers basically twice the points on everything, so by using it to buy groceries at places that accept it, I got free groceries at the place that takes the points. Although I did get a Costco MasterCard as that's they don't take AmEx or Visa.
@randydelgado6290
@randydelgado6290 4 ай бұрын
OK LISTEN UP, I been struggling for two years with finding a good strategy and THIS ONE IS GOLDDDDDDDD. I can’t believe it was this easy. LOL THANKS YOU’RE THE BEST!!
@Jakereviewsall
@Jakereviewsall Жыл бұрын
I have 2 Amex cards, one for personal for SkyMiles rewards and one for business. I use both for every single thing I can including bills and then pay them off each month never charging more than I can pay. I just hate that some places won't accept it like Costco and I shop at Costco at least once a month for supplies. I still remember years ago when Costco pushed Amex and even had the tents outside to sign up.
@robk1003
@robk1003 Жыл бұрын
I have an Amex corporate card. In the UK where I live, many places don't accept it. When I travel in Europe, few places accept it. So for business trips, my personal Visa card gets far more use!
@johannab7715
@johannab7715 Жыл бұрын
To me they also stand out because of their excellent customer service.
@polarsz2594
@polarsz2594 Жыл бұрын
just got the amex gold card at 19 years old excited for my future as a customer for Amex
@goddessnadiya
@goddessnadiya Жыл бұрын
Love my Amex, however, on a recent trip in Asia and North Africa, my experience was like it was on a trip 6 years ago, finding places to accept Amex was very challenging. That I didn’t like, but I love the card and use it wherever possible. I hope they keep growing. Love the rewards! I’ve only flown business class for a fraction of the price of economy for many years thanks to Amex rewards 😊
@johndong7524
@johndong7524 Жыл бұрын
And this why Amex sucks. Get a Visa or Mastercard like a normal person.
@raullopez2824
@raullopez2824 11 ай бұрын
Sounds like something a peasant would say@@johndong7524
@JustherefortheLOLZ
@JustherefortheLOLZ Ай бұрын
I had an Amex card a lomg time ago and got rid of it, really didnt use it. I just got a Platinum Delta sky miles card (paid $350 annual for it, but I get a free companion ticket every year plus free checked bags and a lot of other benefits - which I think is fair if I'm putting down $350/yr). The difference? Service.
@RicardaWindsheimer
@RicardaWindsheimer 2 ай бұрын
buying the shares with the big company ,will help you earn more by Stocks extended their year-to-date rally following the CPI report, with the S&P 500 last up 0.8% in afternoon trading. but I don't know if stocks will quickly rebound, continue to pull back or move sideways for a few weeks, or if conditions will rapidly deteriorate.I am under pressure to grow my reserve.
@JaneBlac-
@JaneBlac- 2 ай бұрын
When it comes to investment, diversification is key. That is why I have my interests set on key sectors based on performance and projected growth. They range from the EV sector, renewable energy, Tech and Health (AMD) alongside coins, and gold. I'm also working on an investment plan that includes AI looking into Nvidia, MSFT, Alphabet stocks among others with my Fin. Advisor, . It's been a year and half of steady growth.
@SarachiWowa
@SarachiWowa 2 ай бұрын
I'm sitting on some significant money ready to toss it into VOO, but I'm kinda hoping that price drops a bit. I know we only want to see the stock rise, but being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
@JaneBlac-
@JaneBlac- 2 ай бұрын
Finding financial advisors like “Stacy Lynn Staples who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
@MohammedNoorSK
@MohammedNoorSK Жыл бұрын
I once got into an accident with a rental car. The bill came out to be $2000 for property damage. Luckily amex paid most of it as i had used amex to book the rental. Massive love for amex
@cancelled_user
@cancelled_user Жыл бұрын
Why did they pay for it ??
@lukejohnson1274
@lukejohnson1274 Жыл бұрын
@@cancelled_user If you rent with the Platinum card you get rental insurance for a flat $25 per rental.
@Aragon714
@Aragon714 Жыл бұрын
No one comes close to Amex and the unique service they provide
@cancelled_user
@cancelled_user Жыл бұрын
Well, it's funny that their cards are supposed to be "travel credit cards" while charging FX fees. The main point of travel cards is that they don't charge foreign conversion fees.
@jujharsingh4458
@jujharsingh4458 Жыл бұрын
I spent $12000 on grocery, $2500 on gas annually on my gold amex, lot of perks for traveling and renting car. I pretty much use it exclusively and their app for the phone is phenomenal. I can add offers from merchants quickly before purchasing. In addition to that i am glad they have high interest rates keeps me motivated to pay off the balance.
@bossman4401
@bossman4401 Жыл бұрын
I love Amex, great customer service, plus they give back to their customers. You really feel valued. Only card I will ever use
@johndong7524
@johndong7524 Жыл бұрын
They make losers feel important while ripping them off? Got it.
@tpmewto
@tpmewto Жыл бұрын
@@johndong7524 The only loser here is you
@Jack-bx3ow
@Jack-bx3ow Жыл бұрын
Amex was the only company that approved me for a card (albeit with a very low limit) as a college student. That allowed me to responsibly build credit as a young person. Been loyal ever since.
@SquirrellyShenanigans
@SquirrellyShenanigans 2 ай бұрын
me too. got my first AMEX at 19 years old.
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