While many of the transactions that you do happen through your bank, they don’t often control each part of the process. Apparently, payment networks such as Visa and MasterCard connect your back with the payments that you make with your credit and/or debit card.

However, these companies don’t issue debit or credit cards themselves. They only help to manage transactions.

American Express takes a completely different approach when it comes to credit and debit cards. Like Capital One, Bank of America, and Synchrony Bank, American Express issues its own cards, funds every transaction you make, and helps you manage money transfers.

Online stores that accept American Express as a Payment Method

The following are examples of businesses that accept American Express credit cards for payments:

• Lounge
• Garden Furniture England
• Panasonic
• Milford Waterfront
• Yale
• Calendar Club
• The Parkgate Hotel

Categories of stores where you can pay with American Express:

• Clothing
• Computer
• Laptop
• Shoe
• Web Hosting
• Cell phone
• Flights
• Hotels
• Online Bookstores
• Toy
• Camera
• Furniture
• Jewelry
• Refrigerator
• TV
• Dishwasher
• Game consoles
• Office supplies
• Tablet
• Washing machine

What is an American Express Card?

Amex card is an electronic payment solution traded by American Express, which issues charge, credit, and prepaid cards. Not only does American Express issue these cards to corporate consumers, individuals, and small businesses around the world, they also process electronic payments on their own networks.

Given its upper hand in offering network processing and credit lending service, American Express deals with stiff competition but has managed to stay at the very top because of the quality of its services. The American Express cards can benefit you in different ways, including earning you cashback, reward points, and travel bonuses.

How Does American Express Work?

If you apply for an American Express card, the company will make a direct offer from its network. Depending on the card type that you apply, you’ll be eligible for low or no fees and special rewards such as cashback when shopping and airline miles.

When an American Express customer uses their card to make a purchase, the store or company to which they intend to send money makes a request to American Express, which then completes the transaction. Note that the customer also pays for the transaction fee.

Examples of American Express Cards

Here are three examples of American Express issued cards:

1. American Express Cash Magnet Card

The American Express Cash Magnet Card earns you a 1.5% cashback on every purchase you make. You also earn $150 statement credit fi you spend $1,000 within the first three months of creating an account and a 0% APR on all purchases for 15 months.

2. Blue Cash Preferred Card

Blue Cash Preferred Card rewards you with 6% cashback for all purchases made at U.S supermarkets for a year and then 1% after that. You also earn 3% cashback at gas stations, 6% cashback on selected streaming services, and 1% on everything else.

You pay a $0 annual fee for the first year, and then $95 per year after that. So if you don’t spend more often on the mentioned categories, the fee might seem quite too high.

3. American Express Platinum Card

With an annual fee of $695 to be exact, the American Express Platinum is the most expensive of them all. As for the reward, you earn 5x points on flights and prepaid hotels and 2x points on any other travel booking and 1x point on other eligible purchases. You also stand the chance to earn 100,000 points if you spend $6,000 within the first 6 months of opening an account.

Conclusion

American Express has outstanding customer service and ranks very high in its niche market. What’s more, this payment option offers you tons of rewards, including cash back for qualifying purchases and no pre-determined limits on how much you can spend.