Things you never expect to see on Amazon.

[Steven Owen]

...a 300 hundred thousand dollar demolition robot to start.  How does anyone even put this on a credit card?

 

[Rip Van Winkle]

I was once manually putting credit card transactions thru at a job, and either me or a coworker accidentally punched in two extra zeros for a transaction. It made the $1000+ transaction turn into a $100,000+ transaction. I immediately voided the transaction, but the card company had actually approved it. Some credit cards people use for business transactions can have very high limits.

There was also an article I read a while back that mentioned some wealthy individuals use credit cards to purchase incredibly expensive items, like multi-million dollar artworks at auction. One of the people said they used the credit card so they could get the air miles.

 

[Kev]

So ... did you buy it?

I remember being quite cranky recently when a dealer wouldn't accept a credit card for a car and I had to organise a bank cheque. Next time I'll make certain they'll take a card before I start negotiating.

 

[AlexThePalex]

It's nice there's a gift-wrap available, will do well on mother's day.

 

[harry_]

It's nice there's a gift-wrap available, will do well on mother's day.

Alex, you're killing me!  [big grin]

 

[pixelated]

The free shipping clinches it for me. Though the gift-wrap is a nice touch.

 

[Steven Owen]

Amazon saw me looking at Festool, so I guess they thought I could afford that.  Gift wrapping won’t be your biggest problem.  The 100 foot Christmas you’ll need to fit that gift...maybe you can find that on Amazon too.

 

[Brice Burrell]

So ... did you buy it?

I remember being quite cranky recently when a dealer wouldn't accept a credit card for a car and I had to organise a bank cheque. Next time I'll make certain they'll take a card before I start negotiating.

You will come out a loser using a credit card on larger purchases because the seller will pretty always make you pay the 2%-5% service charge on the credit card.

 

[AlexThePalex]

I never get why the credit card is still so popular in some countries. Completely outdated over here, everything's direct bank transfer now, especially for the larger sums. But small sums like 1 euro also. 

 

[upscale]

Saw that Amazon has a gift wrap option for this robot. Wonder how they'd do that.  [eek]

 

[Steven Owen]

Saw that Amazon has a gift wrap option for this robot. Wonder how they'd do that.  [eek]

One part at a time.  Sucks for whoever has to assemble it.

 

[DB10]

I never get why the credit card is still so popular in some countries. Completely outdated over here, everything's direct bank transfer now, especially for the larger sums. But small sums like 1 euro also.

Probably got something to do with half of the world living off credit, buy now on your credit card and pay no interest for six months or so.

 

[tjbnwi]

So ... did you buy it?

I remember being quite cranky recently when a dealer wouldn't accept a credit card for a car and I had to organise a bank cheque. Next time I'll make certain they'll take a card before I start negotiating.

You will come out a loser using a credit card on larger purchases because the seller will pretty always make you pay the 2%-5% service charge on the credit card.

I wanted to put the wifes new Ford Edge on my Amex. Dealer ship said no.

Tom

 

[Brice Burrell]

So ... did you buy it?

I remember being quite cranky recently when a dealer wouldn't accept a credit card for a car and I had to organise a bank cheque. Next time I'll make certain they'll take a card before I start negotiating.

You will come out a loser using a credit card on larger purchases because the seller will pretty always make you pay the 2%-5% service charge on the credit card.

I wanted to put the wifes new Ford Edge on my Amex. Dealer ship said no.

Tom

If you told them upfront you wanted to use your CC they probably would have agreed, and charged you the fees.

I never get why the credit card is still so popular in some countries. Completely outdated over here, everything's direct bank transfer now, especially for the larger sums. But small sums like 1 euro also. 

Alex, here in the States you get extra consumer protection with most credit cards.  That's why I use a CC most of the time. 

 

[Kev]

So ... did you buy it?

I remember being quite cranky recently when a dealer wouldn't accept a credit card for a car and I had to organise a bank cheque. Next time I'll make certain they'll take a card before I start negotiating.

You will come out a loser using a credit card on larger purchases because the seller will pretty always make you pay the 2%-5% service charge on the credit card.

I wanted to put the wifes new Ford Edge on my Amex. Dealer ship said no.

Tom

If you told them upfront you wanted to use your CC they probably would have agreed, and charged you the fees.

I never get why the credit card is still so popular in some countries. Completely outdated over here, everything's direct bank transfer now, especially for the larger sums. But small sums like 1 euro also. 

Alex, here in the States you get extra consumer protection with most credit cards.  That's why I use a CC most of the time.

Credit cards typically offer you ...

Some form of consumer loyalty bonus or points
Some forms of insurance or consumer protection
Fraud protection
Warranty extensions
Credit for your statement window
Additional cardholder options
...
Plus the option to pay something off over time with extortionately high interest!

Merchants negotiate the fees they'll pay .. transparency is the sensible thing to do on their part - refusal can cost them a sale. 

If the credit card fee on charged to you is more than 0.5% you're being robbed ... a good example of why many merchants are ok wearing a Visa or MasterCard charge but refuse to accept Amex without an extra fee.

 

[antss]

Merchants negotiate the fees they'll pay

I don't know about the Australian banking system, but here in the U.S. I don't know of any merchants who negotiate their cc fees.  Perhaps some Fortune 50 companies can but I doubt it because the Banks are too big.  Their stance is take it or leave it and you're gonna look pretty bad and have a hard time telling your customers in line to checkout "sorry we don't accept visa anymore because they wouldn't give us a discount."

Some businesses can get by without accepting Discover, or even American Express.  But if you don't accept Visa/MasterCard as a retailer, you're pretty much out of business.  They know that and price accordingly.

And in a recent move that others will probably follow - Delta has upped the ante for those looking to "purchase" airline status by using their CC to pay for everything .  This year you're going to have to charge $250,000 or more to qualify.  That's going to eliminate over 50% of the previous qualifiers.

 

[tjbnwi]

So ... did you buy it?

I remember being quite cranky recently when a dealer wouldn't accept a credit card for a car and I had to organise a bank cheque. Next time I'll make certain they'll take a card before I start negotiating.

You will come out a loser using a credit card on larger purchases because the seller will pretty always make you pay the 2%-5% service charge on the credit card.

I wanted to put the wifes new Ford Edge on my Amex. Dealer ship said no.

Tom

If you told them upfront you wanted to use your CC they probably would have agreed, and charged you the fees.

I never get why the credit card is still so popular in some countries. Completely outdated over here, everything's direct bank transfer now, especially for the larger sums. But small sums like 1 euro also. 

Alex, here in the States you get extra consumer protection with most credit cards.  That's why I use a CC most of the time.

They told me the most they'll accept on a credit card was 10K. I put the 5K deposit on my Amex, no service fee added from the dealer.

I was a nice guy, let my wife sign the check when we picked up her car.

Tom