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<p>[QUOTE=&quot;chrisild, post: 3455330, member: 39&quot;]What is really funny, at least here in parts of Europe (AT, DE, IT), is that Amex owns a loyalty program called Payback - and you can get a free American Express credit card this way. Transaction fees are &quot;normal&quot; (see below), and you primarily pay with your customer profile. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie11" alt=":rolleyes:" unselectable="on" unselectable="on" /></p><p><br /></p><p>In the European Union, four party credit cards such as Visa and MasterCard have a fee limit: If you make a purchase, the c/c fee cannot be more than 0.3% of the amount, and 0.2% for debit cards. (Three party cards such as Amex are not affected by that law.) Also, &quot;plastic&quot; payments cannot be surcharged - a store etc. can either accept your card, set a payment threshold or not accept it.</p><p><br /></p><p>Due to the 0.3% cap, the 4P credit card issuers need to make their money through annual fees, and/or by &quot;pushing&quot; revolving cards. Well, I rather pay my card bills 100% every month ...</p><p><br /></p><p>Christian[/QUOTE]</p><p><br /></p>

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