I signed up for the Square Credit card offered through AMEX for my business. The benefit is that you get 1% back as free processing on your Square sales with every purchase. The problem is that when the "free processing" is technically applied, what gets transferred to my bank account is the same amount regardless of the credit being applied or not. For instance, if a transaction is $220.50, after fees are applied, what gets transferred to my bank account is $214.89. This amount is the same and does not change even with a credit applied. I'm not sure what the benefit here is and I've tried calling support and they have no idea what I'm talking about. need someone to explain this rational further to me, please.
Thank you for sharing! I wish I could help you. The other credit cards are pretty straightforward. Until the above post, I heard that there was a joint venture in the works but that was it. No details were released then. @abbeyc @marielmt is there a thread for these 2/3 American Express questions? Thank you!
This is pretty new and there have been a couple of bumps here and there. They have corrected them fairly fast. Now, you get an invitation to join the waitlist. Instead of a mass dump at one period, this is vastly better. We really do have great Mods here. They do care and understand, they do look into your situation not on the board as many forget this is a public forum. They tell them to check their emails. They are doing many jobs and still spend a lot of time on here.
