We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
B&Q now accept AmEx

jay1804
Posts: 457 Forumite

From the AmEx offer on my account it looks like B&Q now accept AmEx (Instead of paying via PayPal). The offer is in store only.
Spend £40 or more, get £5 back
7
Comments
-
jay1804 said:From the AmEx offer on my account it looks like B&Q now accept AmEx (Instead of paying via PayPal). The offer is in store only.
Spend £40 or more, get £5 back
Up until now B&Q were probably the non-Amex retailer I spent the most at.
0 -
B&Q used to accept Amex (in the early 2000s when I used to work there) - not sure when or why they stopped taking it (as there were a significant chunk of customers who used to pay with their Amex cards). However, pleased that they have finally started to re-accept them!0
-
Bummer - missed this. Just done my regular pilgrimage and saw the Amex sign on the new POS terminal. Better late to the party than never.I’m a Forum Ambassador and I support the Forum Team on the Credit Cards and Budgeting & Bank Accounts boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.
All views are my own and not the official line of MoneySavingExpert.0 -
s_r said:B&Q used to accept Amex (in the early 2000s when I used to work there) - not sure when or why they stopped taking it (as there were a significant chunk of customers who used to pay with their Amex cards). However, pleased that they have finally started to re-accept them!
Reality is that no AmEx cardholder has only an AmEx card and for all of AmEx's "our customers are richer than yours" type marketing to merchants is really fairly weak when most will simply switch cards rather than walk away.0 -
DullGreyGuy said:Reality is that no AmEx cardholder has only an AmEx card and for all of AmEx's "our customers are richer than yours" type marketing to merchants is really fairly weak when most will simply switch cards rather than walk away.If that's so, then why is acceptance of Amex improving so much? Why would Lidl/Aldi in particular, who work on very tight margins, want to accept a card which will eat further in to those margins?0
-
WillPS said:DullGreyGuy said:Reality is that no AmEx cardholder has only an AmEx card and for all of AmEx's "our customers are richer than yours" type marketing to merchants is really fairly weak when most will simply switch cards rather than walk away.If that's so, then why is acceptance of Amex improving so much? Why would Lidl/Aldi in particular, who work on very tight margins, want to accept a card which will eat further in to those margins?
AmEx fees have come down notably relative to Visa/Mastercard who themselves started issuing higher tier cards (Mastercard World Elite or Visa Signature) which come with higher fees and hence you see more retailers accepting them.0 -
WillPS said:DullGreyGuy said:Reality is that no AmEx cardholder has only an AmEx card and for all of AmEx's "our customers are richer than yours" type marketing to merchants is really fairly weak when most will simply switch cards rather than walk away.If that's so, then why is acceptance of Amex improving so much? Why would Lidl/Aldi in particular, who work on very tight margins, want to accept a card which will eat further in to those margins?0
-
DullGreyGuy said:WillPS said:DullGreyGuy said:Reality is that no AmEx cardholder has only an AmEx card and for all of AmEx's "our customers are richer than yours" type marketing to merchants is really fairly weak when most will simply switch cards rather than walk away.If that's so, then why is acceptance of Amex improving so much? Why would Lidl/Aldi in particular, who work on very tight margins, want to accept a card which will eat further in to those margins?
AmEx fees have come down notably relative to Visa/Mastercard who themselves started issuing higher tier cards (Mastercard World Elite or Visa Signature) which come with higher fees and hence you see more retailers accepting them.Mastercard World Elite and Visa Signature (if you can find one) issued in the UK are subject to the same interchange cap as everything else tho. The merchant shouldn't be charged more for processing these cards over standard Mastercard and Visa cards.Amex's non affinity cards (Plat, Gold, Green, Rewards, Plat Cashback) are not subject to the cap and one assumes that the merchant is therefore paying a higher rate for these, if not all Amex cards. Of course Aldi and Lidl might have been able to negotiate a good deal too.0
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 350K Banking & Borrowing
- 252.7K Reduce Debt & Boost Income
- 453.1K Spending & Discounts
- 243K Work, Benefits & Business
- 619.9K Mortgages, Homes & Bills
- 176.5K Life & Family
- 255.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 15.1K Coronavirus Support Boards