Re:Amazon's Toll Road – How it funds its monopoly empire
by aidenn0 on Friday December 03, 2021 @07:18PM
(#29437331)
That's relatively low fee for a membership-perks charge card. They also offer zero annual fee credit cards.
Re:Amazon's Toll Road – How it funds its monopoly empire
by ceejayoz on Friday December 03, 2021 @09:31PM
(#29438133)
Pretty much every lender offers some zero-fee cards, and Amex is pretty unusual in having charge cards at all. Amex relies more heavily on annual fees than their competitors in the space - Chase, Citi, Wells Fargo, Capital One...
What lender are you thinking of that makes Amex look low-fee?
They do make about half their revenue off swipes, but I wouldn't describe Amex as low fee to cardholders. Their flagship card has an annual fee of $695.