On my card the annual fee was taken in the first bill cycle.
Coathanger said:Would it be wise to get the offer page saved to PDF and then uploaded here? I have only been able to save it as a webpage, since I have Acrobat Reader.
You should ask the car dealer what extra charges they will impose for using an Amex card. Note that Amex will charge them in the order or 2% of the transaction amount (could be as much as 3% depending on their Amex relationship) so they will likely want to pass that on to you. if they are not going to charge you a surcharge for using Amex, then you are paying too much for the car as they have built the Amex merchant fee into the cost of the sale.Cyberdog100 said:I'm getting a new car and have been told that i'll be able to pay for it on my credit card ....
I don't see how processing multiple smaller transactions would save any fees. As far as I am aware, the merchants fees are a straight percentage of the transaction amountCyberdog100 said:Thanks NM, I didnt know that but it wont be a problem for me since they will be doing it in smaller blocks to save fees anyway. That is a bit weird though, if the money is there that they wouldn't allow it to be used in 1 transaction.