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Old 4 December 2007, 04:29 AM   #1
watchnut
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Credit card sales

Anyone have their AD refuse a credit card or act p***y about it? I got in the habit of paying by check to get the discounts and never paid MSRP. I always pay my balance anyway but it would be nice to get the rewards from the card company.
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Old 4 December 2007, 04:39 AM   #2
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No. But I know Amex charges something like 4% back to the retailer. That's why a lot of stores don't take AMEX. So, it's even less margin for the AD after your discount.
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Old 4 December 2007, 04:45 AM   #3
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I only use Amex....for EVERYTHING. Never had a problem with AD's, they give me the discount no matter what.
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Old 4 December 2007, 04:55 AM   #4
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All of the AD's here in greece accept credit cards
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Old 4 December 2007, 04:55 AM   #5
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Quote:
Originally Posted by GerardoG View Post
I only use Amex....for EVERYTHING. Never had a problem with AD's, they give me the discount no matter what.
It's really good that you get the discount even though you pay with a credit.
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Old 4 December 2007, 05:04 AM   #6
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my AD gave the same discount no matter cash or credit card.
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Old 4 December 2007, 05:12 AM   #7
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Quote:
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It's really good that you get the discount even though you pay with a credit.
Yes. Plus I get the extra insurance from Amex and the points/rewards
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Old 4 December 2007, 06:45 AM   #8
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My AD always checks my credit card

But thankfully it is nothing personal. According to Danish credit card rules - using the Danish credit card "Dankort" - any purchase over DKR. 10,000 (about 2,000 US $) must be checked by the credit card issuer before being completed.

"Dankort" is considered as being equivalent to CASH, so no extra credit card fee is added!

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Old 4 December 2007, 07:01 AM   #9
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My AD (which shall remain nameless to avoid upsetting the CC companies) will only discount when using Visa and not Amex. My store only accepts Amex and I am paying 2.x%.
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Old 4 December 2007, 07:01 AM   #10
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My AD offered a discount if I paid in full, so I brought my check book when I purchased the watch. He asked me if I had a credit card and allowed me to use it???

I receive a 1% rebate on the card so I got a better deal than I originally thought...
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Old 4 December 2007, 07:07 AM   #11
f16570
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Amex is not to popular in the UK, but no issue with Visa/Mastercard.

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Old 4 December 2007, 09:38 AM   #12
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Couple of points--
1) I bought a watch in a foreign country using local currency and my AMEX. Upon currency conversion I got a very favorable rate via AMEX. The watch was even cheaper.
2- An AD would likely prefer you use a credit card instead of a personal check. Much more accountability using a CC than a check.
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Old 4 December 2007, 10:15 AM   #13
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If you have a relationship with the AD, I think it would be prudent to make a point of using cash or cheque to pay rather than a Card. WHile you are chatting, make a point to tell the sales person you know the store takes a hit on the CC usage & you would rather have the $$ stay in the owners hands than the big CC companies.
Now this should pay dividends down the road for you with future purchases.
If you get back 1%, your talking less than $100 for a $10,000 watch in points, but the AD might be saving $400.
If you buy Pannies, that quite often translates into a free stap or some other swag too.
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Old 4 December 2007, 11:09 AM   #14
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From what I understand, the vendor agreement does not allow different prices for cash vs. credit. Not sure about that because I do recall gas stations charging different prices for cash and credit. I do know it is a violation of the vendor agreement to refuse a credit card purchase if it is too small. ie no credit card purchase of less than x dollars.
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