I just applied for an Amex merchant facility.
Fees quoted are below.
**Crazy how they charge a higher fee the more volume you put via Amex.
1. A warmly welcoming Merchant Service Fee („MSF‟) of 0.95% excl GST) is payable on all American Express Card transactions.
2. The MSF in 1 above is a new business rate for our small merchants and is based on your business having an annual charge volume which is currently less than $50,000. We will conduct a review of your annual charge volume following the end of each month and, in the event that your annual charge volume increases to between $50,000 and $100,000, your MSF will increase to 1.35% excl (GST) within 30 days of our review. Further, in the event that your annual charge volume increases above $100,000, your MSF will increase to the standard industry rate which is currently 1.75% excl (GST). For the avoidance of doubt, your MSF will not be reduced if your annual charge volume falls back below the volume thresholds specified herein.