Square AMEX

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.  Screen Shot 2025-09-12 at 10.33.38 PM.png

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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!

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We have a regular AmEx and honestly I LOVE the points and the perks cause I travel enough to make it worth it... I don't get why you aren't getting a credit. So odd!

Dina
Co-Owner Amityville Apothecary
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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. 

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Community Team

Hi @christiema !

 

Thank you for posting!

 

I'm sorry to hear about the issues you are having with your credit card. I've sent a case over to that team and they should be reaching out to you shortly!

 

We appreciate your patience 😊

Adalynn
Square Loans Team
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This is a service email from Square Financial Services, Inc., a wholly owned subsidiary of Block, Inc. All loans are issued by Square Financial Services, Inc, a Utah-Chartered Industrial Bank, Members FDIC.
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They did reach out but unfortunately the initial email didn't touch on what the above problem has stated.  I have responded and will hopefully hear from her again soon.  Thank you, I appreciate the follow up. 

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Did they ever follow back up with you on this?  Curious as to what the perks were or how long the perks lasted.  (I'm more of a collector of cards than user).  I doubt I personally would ever hold the Square card unless the perks were good.

Dan
Square Champion
Check out Square support center for additional help.




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Don't understand where 'perks' enter into this -- if by perks you mean free Apple+ or a seat upgrade and so on?

The only perk/reason I signed up for this AmEx card is to save a few bucks worth of processing fees on behalf of my very small company. But, 1) because I'm having a very hard time deciphering if it's working (and this thread give me no faith) and 2) because I can't determine how to acquire the details of my AmEx transactions in CSV, so that I don't have to manually key them into my actual accounting software (so that I can accurately track expense categories), I am probably going to drop the card as not worth the trouble. Any updates on this sitch in the next couple-three weeks would matter in my decision making.

 

Thanks

Cole T

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@LemontBlockAA wrote:

Don't understand where 'perks' enter into this -- if by perks you mean free Apple+ or a seat upgrade and so on?

The only perk/reason I signed up for this AmEx card is to save a few bucks worth of processing fees on behalf of my very small company. But, 1) because I'm having a very hard time deciphering if it's working (and this thread give me no faith) and 2) because I can't determine how to acquire the details of my AmEx transactions in CSV, so that I don't have to manually key them into my actual accounting software (so that I can accurately track expense categories), I am probably going to drop the card as not worth the trouble. Any updates on this sitch in the next couple-three weeks would matter in my decision making.

 

Thanks

Cole T


Yeah, perks as in , what does this card offer? cash back on each transaction, air miles, processing etc. Which I believe it is just a one time(?) free processing up to a certain amount?  I don't have this card, nor would I ever acquire it. 

 

As far as your questions, I am not sure about those but maybe @Adalynn can chime in and help you navigate where to find those!

Dan
Square Champion
Check out Square support center for additional help.




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