Ebay dump American Express for payments

NoodleDoodleMan

Received an email from Ebay this morning to that effect, as of 17th August - unable to agree terms.

We all know the reason why no doubt.

MSE_Molly_G

Hi there, thanks for starting this thread. We've just published a news story on this: eBay to stop accepting American Express in August – be careful if you're planning to use PayPal as a workaround.

blue.peter

MSE_Molly_G said:

Hi there, thanks for starting this thread. We've just published a news story on this: eBay to stop accepting American Express in August – be careful if you're planning to use PayPal as a workaround.

Well. That's fun. I thought I'd read the article to which you linked. This is what happened:

What did I do to deserve that?

(Yes, I can - and did - read the article by going to the MSE home page and finding it there. But why did your link say that I was banned?)

JES_F1

blue.peter said:

MSE_Molly_G said:

Hi there, thanks for starting this thread. We've just published a news story on this: eBay to stop accepting American Express in August – be careful if you're planning to use PayPal as a workaround.

Well. That's fun. I thought I'd read the article to which you linked. This is what happened:

What did I do to deserve that?

(Yes, I can - and did - read the article by going to the MSE home page and finding it there. But why did your link say that I was banned?)

The URL looks like it's for an 'internal only' view of the page within MSE's web content management system or something like that.

sausage_time

Given the fees ebay charge users, it's a bit inconsistent to whinge about Amex!

blue.peter

JES_F1 said:

The URL looks like it's for an 'internal only' view of the page within MSE's web content management system or something like that.

Thanks. So you're saying that it's nothing that I did, but that @MSE_Molly_G posted an internal URL instead of the external one?

MSE_Stephen

Hi everyone. I've fixed the link above

steven141

I can see this happening more and more. I have an American Express Credit card but the cashback is 0.5% cashback. 

I have just not long taken out a Santander Edge Credit Card 2% cashback so I will mainly be using that and with Chase 1% on debit card spending I can’t see me using the American Express card much.

NoodleDoodleMan

steven141 said:

I can see this happening more and more. I have an American Express Credit card but the cashback is 0.5% cashback. 

I have just not long taken out a Santander Edge Credit Card 2% cashback so I will mainly be using that and with Chase 1% on debit card spending I can’t see me using the American Express card much.

Did Chase not recently announce that they are stopping the 1% cashback on their current account in favour of better interest rates on the Saver account, effective in respect of the former from 5th August 2024 ?

https://becleverwithyourcash.com/chase-boosts-savings-to-5-1-again/

Suits me TBH - having to temporarily pay in £1500 monthly to qualify for cashback was a pain in the neck.

Desmond_Hume

steven141 said:

I can see this happening more and more. I have an American Express Credit card but the cashback is 0.5% cashback. 

I have just not long taken out a Santander Edge Credit Card 2% cashback so I will mainly be using that and with Chase 1% on debit card spending I can’t see me using the American Express card much.

That’s a different issue though. The OP is on about Amex being ditched by eBay.  You’re talking about personally ditching Amex as you’re getting something better elsewhere. The Santander has a limit on CB, no? As does Chase?

DullGreyGuy

This smells like the time Amazon said it was going to stop accepting Visa and just used the PR as a negotiating as they subsequently came to an agreement