Cyberdog100
Intern
- Joined
- Dec 29, 2006
- Posts
- 70
I thought it was just a fixed percentage charge as well, but I guess its not that simple as Evan said earlier, they get a fixed charge for large transactions.
NM said:Note also that if using an Amex Credit Card (as oppposed to a Charge Card), Amex will not allow a single transaction that exceeds the card's credit limit. That means that if you have, for example a $10,000 credit limit, and even if you pre-pay $20,000 into the card account (which will give you $30,000 available credit) the maximum single transaction permitted is still $10,000. So that $30,000 would need to be processed in at least three separate transactions.
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