Added: 3 years ago
From: PeterGreenberg2
Views: 13,179
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  • American Express charges around 5% to the retailer. Visa and Master Charge around 2-3%.

  • What is the deal with Amex? Is it really that expensive for the retailers to process these transactions? I once pulled my Amex card to pay the bill at a restaurant and the waiter looked at me as if I told him I wanted to have sex with his wife.

    I just prefer to use my Amex card because i get frequent flyer miles but it is hard finding places that take it.

  • this dosen't work.. Most places clearly state the local currency price and the CC price

  • sneaky ad for the 3 cards.

  • im14 and i just say hey other guy is selling it half ur price and then he goes lower 80% of the time

  • how could a little shitty market that he just showed accept plastic?!?!

  • worked for me in Turkey, I've paid with MasterCard at every shitty market :)))

  • In addition to what everyone else has said, I don't see how you're going to get a different price using Mastercard rather than Visa - while Amex tends to have higher merchant fees, the other two charge about the same as each other.

  • OMG it didient work!!! I showed my 3 credit card like the ones in the video and then when ever I said how much fror cash it was $20 more than the organial this is BS

  • hehe im gonna try this

  • Oh yes, I'm gonna try this!

  • u gona get killed if u show american express place like that

  • lmao

  • lol truth

  • This isn't going to work anymore Greenberg! You explained the whole thing right in front of them!

  • Negotiate a price???, you're already paying $.50 usd for handmade crafts and you're still looking for ways to save, while these poor people try to earn a living by selling them. pay the poor artists what they deserve for their work.

  • Are you an idiot? Most "artists" buy there stock in bulk and pretend to be artists. Which is why in places like mexico you can see the exact same thing you just bought 10 stores later.

  • gullible fools are gullible

  • no f*ing wonder other countries hate us so much we are assholes!!!!!!!!!!!!!

  • when you do pay cash, make sure you have your spending money separate from your purchase money. nothing more dangerous and more expensive than flashing a wad of cash. look poor, they do not get robbed

  • Didn't Mastercard+Visa just settle a big lawsuit for OVERCHARGING people who used credit cards internationally?

  • Almost all shops where you can negotiate the price do not accept credit cards. Looser

  • thank you. you said it!

  • exactly.

  • ya it's true~~ these types of places usually wouldn't accept credit cards.. and the fact that you have so many credit cards make you look rich, so you probably wouldn't get a good deal~~

  • try doing that in cambodia. i bet you get mugged. do it at the russian market in pp cambodia and they will pick you pocket.

  • Very smart

  • woow really smart thou most off the shops I go for in travels dont have cridet card paying option.

  • Even better! Then there's no chance they'll say "OK"!

  • very smart... its like a legal con

  • great tip thanks for that :)

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