[Ohenri]

is there one out there on that program??

H!

 

[Aurora]

I doubt it. The Airmiles program is pretty expensive for individual retailers. Usually, only large chains can justify it.

 

[ehMax]

Just get a credit card that pays Airmiles, and you'll rack some up. Don't get a American Express card as lots of retailers don't take Amex as they charge an arm and a leg.

 

[Nick]

I use my Mastercard. I get 1 airmile for every $20 spent.

 

[mojoprofilms]

I've never had a problem using my Amex, and you can get 1 mile for every $15, so they add up fast.

 

[Chealion]

Amex also charges twice the amount per transaction that Visa and MasterCard do (something like 4% compared to 2% of a transaction.)

 

[gordguide]

Rates are based on how much business you do with the card, and are essentially identical with any CC vendor.

My guess is you don't do much Amex, so you're paying 4% which is the highest rate (low volume); you'd pay 4% to MasterCard or VISA if your volume was that low as well.

2% is pretty low (lower than most) so you must be doing a lot of VISA/MC every month to get that rate.

Most businesses (single establlishments) pay about 3%.

My understainding (I've never been an AirMiles associated retailer, so it's just what I've heard) is the cost is in the ballpark of about a dime a mile.

 

[Heart]

Some business belong to association that can offer lower rates to businesses and single establishments.

Currently as a single establishment through a wholesalers association we pay:
VISA 1.8%
MC 2.1%


We had AMEX first and they would take 4.5% and after a while with a little volume they dropped to 4% .(BFD)

When I first started in business AMEX was the only card company that would give us a break and the abiltiy to accept CC. Once we had them then Visa and MC said 'Oh, you have AMEX, then sure you we can help you'

In my experience AMEX also was very hard to collect from, in some cases it took a week to have the charge hit my account.

Personnally I have a Visa that collects AeroPlan Miles (Air Canada) and a MasterCard for AirMiles and the one I like better Canadian Tire MasterCard that collects Canadian Time Money

 

[Ohenri]

wow...

well I just got on this Airmile thing. And I never carry it with me though. But I'll likely have some big purchases in the next few months (including a new PB).

H!

 

[RicktheChemist]

If a company takes Amex.. the cost has to be passed onto the customer.. I would rather use something like Visa or MC that offer the same service but charge less..

Cheers,

RtC