Quote Originally Posted by Jstarr View Post
Ive know about this for awhile but just lost 3 accounts to AMEX, they offered 5% HB Daily on $50K, anyone else had experience with this ?
I think we all do. Best thing to do is go to a super cheap player who goes longer than Amex and doesn't take up to if not more than 50% of all Amex sales to make sure things are truly paid in a year or 2, if not there is a balloon payment to be made which can be tough for merchants.