OT - Best Business Credit Card?

"Jay Honeck" wrote in message
American Express, hands down. I use their personal card, but both my
brother and father have the company card, and love it.

Too few businesses accept AMEX for me to consider them. They also extort
more money from the vendors -- which is why we threw them out of the hotel
back in 2002. Even Walgreen's threw them out of all 14,000+ stores in the
U.S. because of their absurdly high rates.

IMHO, unless they change their business model, they will follow "Diner's
Club" into the ash heap of CC history.

Well, not for me, Jay.

My business does not accept Amex because of the reasons you site. However,
every website and distributor I do business with accepts it. I do about
300,000k a year on my Amex.

Amex gives me a level of service not found elsewhere with detailed quarterly
management reports for all my employees, no hassle charge-backs for disputed
charges and especially their Rewards program.

I've got an excellent surround system and other cool gadgets around the
house for "free." Just 50,000 more points and I'll have enough for that
plasma TV I've been ogling for months.

Jim Fisher

Amex gives me a level of service not found elsewhere with detailed
quarterly management reports for all my employees, no hassle charge-backs
for disputed charges and especially their Rewards program.

Can you expand on that "no-hassle charge-backs for disputed charges" thing,
Jim?

Thanks,
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"

Jay Honeck wrote:
Amex gives me a level of service not found elsewhere with detailed
quarterly management reports for all my employees, no hassle charge-backs
for disputed charges and especially their Rewards program.


Can you expand on that "no-hassle charge-backs for disputed charges" thing,
Jim?

Thanks,

From the website -

• Guaranteed Product Satisfaction — Return Protection* offers guaranteed
product satisfaction on designated items purchased entirely with an
eligible American Express® Card.
• 90 Days Protection — If you try to return an eligible item within 90
days from the date of purchase and the merchant won't take it back,
American Express will refund the full purchase price.
• Up to $300 Per Item — You are covered for up to $300 per item,
excluding shipping and handling, and up to $1,000 annually per
Cardmember account.

"Jay Honeck" wrote in message
Amex gives me a level of service not found elsewhere with detailed
quarterly management reports for all my employees, no hassle charge-backs
for disputed charges and especially their Rewards program.

Can you expand on that "no-hassle charge-backs for disputed charges"
thing, Jim?

I've only had to use the service three times in the 13 to 15 years I've been
using Amex but there was one unauthorized charge of a thousand-something
from a store up in Boston or something. I didn't charge it. Don't know who
did. Called Amex and had the charge removed almost instantly, no questions
asked.

There were two other instances where there was a questionable charge that
was no fault of Amex. One was a "stupid tax" where I had been paying 10.00
a month for some miscellaneous computer service web thingy. I stopped using
the service but forgot to cancel the automatic draft of my Amex account
until, many months later, I examined my statement and noted it. Called
Amex, told them to disallow any further charges. They not only did that but
refunded the all the charges accrued up through those many months that I had
not used the web service thingy. It was perhaps a hundred dollars in
charges.

With all that said, I'm not stuck on Amex. If you come up with a better
deal, I'd like to hear about it . . . . After I accrue enough points to get
my plasma TV.

--
Jim Fisher

Jay Honeck wrote:
American Express, hands down. I use their personal card, but both my
brother and father have the company card, and love it.


Too few businesses accept AMEX for me to consider them. They also extort
more money from the vendors -- which is why we threw them out of the hotel
back in 2002. Even Walgreen's threw them out of all 14,000+ stores in the
U.S. because of their absurdly high rates.

IMHO, unless they change their business model, they will follow "Diner's
Club" into the ash heap of CC history.

We don't accept amex either, but don't hold your breath waiting for
their business model to collapse wreak sweet revenge for the outrageous
fees. They evidently have a niche.







Monday January 23, 6:46 PM EST

By James B. Kelleher

CHICAGO (Reuters) - American Express Co. said on Monday that its
earnings rose 13 percent in the most recent quarter, lifted by consumer
and corporate cardholder spending as well as double-digit growth in the
transaction fees its charges merchants. snip Even so, Groshans and
other analysts were encouraged by the growth in cards in circulation.
Over 2 million were added in the last three months alone, bringing the
total number of American Express cards in circulation to 71 million.

American Express shares closed up 4 cents at $51.44 on the New York
Stock Exchange.

American Express said its return on equity -- a key measure of
underlying profitability -- rose to 25.4 percent during the quarter, up
from 22 percent a year ago. Stripping out Ameriprise entirely, American
Express said its return on equity surged to 31.5 percent.

We don't accept amex either, but don't hold your breath waiting for
their business model to collapse wreak sweet revenge for the
outrageous fees. They evidently have a niche.

There was literally a line at the AMEX signup booth in the ATL airport this
morning. Those shiny steel coffee mugs they were giving away were reeling
them in like flies to a cow pie.

Jay Honeck wrote:

American Express, hands down. I use their personal card, but both my
brother and father have the company card, and love it.

Too few businesses accept AMEX for me to consider them. They also extort
more money from the vendors -- which is why we threw them out of the hotel
back in 2002. Even Walgreen's threw them out of all 14,000+ stores in the
U.S. because of their absurdly high rates.

IMHO, unless they change their business model, they will follow "Diner's
Club" into the ash heap of CC history.

Hey, I love Diner's Club (for business purchases)! They give everyone two
billing cycles to pay and they offer primary insurance (i.e. it kicks in
before your own auto insurance) on auto rentals. I don't know of any other
card that does that. Of course I like Diner's Club a lot more now that it
uses the MasterCard network!

If your flying a jet or turbo-prop for business, you need
about $75,000/30 days billing, to allow buying fuel at the
end of the month before they post your check. Either that
or just send them money every day. But that kind of defeats
the purpose.


--
James H. Macklin
ATP,CFI,A&P

--
The people think the Constitution protects their rights;
But government sees it as an obstacle to be overcome.
some support
http://www.usdoj.gov/olc/secondamendment2.htm
See http://www.fija.org/ more about your rights and duties.


"Jessica Winston" wrote in message
...
| Jay Honeck wrote:
|
| American Express, hands down. I use their personal
card, but both my
| brother and father have the company card, and love it.
|
| Too few businesses accept AMEX for me to consider them.
They also extort
| more money from the vendors -- which is why we threw
them out of the hotel
| back in 2002. Even Walgreen's threw them out of all
14,000+ stores in the
| U.S. because of their absurdly high rates.
|
| IMHO, unless they change their business model, they will
follow "Diner's
| Club" into the ash heap of CC history.
|
| Hey, I love Diner's Club (for business purchases)! They
give everyone two
| billing cycles to pay and they offer primary insurance
(i.e. it kicks in
| before your own auto insurance) on auto rentals. I don't
know of any other
| card that does that. Of course I like Diner's Club a lot
more now that it
| uses the MasterCard network!
|

my bad, you're
"Jim Macklin" wrote
in message news:PGYBf.69573$QW2.44813@dukeread08...
| If your flying a jet or turbo-prop for business, you need
| about $75,000/30 days billing, to allow buying fuel at the
| end of the month before they post your check. Either that
| or just send them money every day. But that kind of
defeats
| the purpose.
|
|
| --
| James H. Macklin
| ATP,CFI,A&P
|
| --
| The people think the Constitution protects their rights;
| But government sees it as an obstacle to be overcome.
| some support
| http://www.usdoj.gov/olc/secondamendment2.htm
| See http://www.fija.org/ more about your rights and
duties.
|
|
| "Jessica Winston" wrote in message
| ...
|| Jay Honeck wrote:
||
|| American Express, hands down. I use their personal
| card, but both my
|| brother and father have the company card, and love
it.
||
|| Too few businesses accept AMEX for me to consider them.
| They also extort
|| more money from the vendors -- which is why we threw
| them out of the hotel
|| back in 2002. Even Walgreen's threw them out of all
| 14,000+ stores in the
|| U.S. because of their absurdly high rates.
||
|| IMHO, unless they change their business model, they
will
| follow "Diner's
|| Club" into the ash heap of CC history.
||
|| Hey, I love Diner's Club (for business purchases)! They
| give everyone two
|| billing cycles to pay and they offer primary insurance
| (i.e. it kicks in
|| before your own auto insurance) on auto rentals. I don't
| know of any other
|| card that does that. Of course I like Diner's Club a lot
| more now that it
|| uses the MasterCard network!
||
|
|

Rachel wrote:

Jay Honeck wrote:

We've had a company VISA card for many years. It has no annual fees,
we never pay interest -- but we also don't "get" anything out of using
it, either. In the past we've bumped up against the credit limit
during the month, and the company (now called "Chase") has been very
slow to increase the limit. Although they always responded by
increasing it as needed, their recalcitrance to do so has been a mild
aggravation.

Now that we've been incorporated in Iowa for over eight years, we're
getting bombarded with dozens of offers for business cards. (8 years
must be a "magic number" for them, like 5000 feet is for runways...)
Almost all of these cards offer "rewards" that vary from "Frequent
flyer miles" to discounts on all sorts of things. Interestingly,
almost all the new offers START with a higher credit limit than our
current card offers.

Whose is best? What card do you guys use?


American Expresss, hands down. I use their personal card, but both my
brother and father have the company card, and love it.


The question was which is "BEST" instead of which one is worst.
American Express has limited acceptance.