Is American Express more prestigious than Visa?

American Express and Visa are both major credit card networks, but they're certainly not the same. Using an American Express card, or Amex card, can imply a certain level of prestige and exclusivity. Amex cards often earn big rewards and, in some cases, come with ultra-high annual fees.



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Because American Express charges companies big fees. And retailers would sooner not give away so much of their profit to a card company, especially when almost everyone in the UK who has Amex also has some other way to pay so it's not like retailers lose the sale over it generally.

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In many places in Europe, for example, stores and restaurants prefer not to accept Amex payments because of higher merchant charges. That means that, especially in cheaper stores and family businesses, your card might not be accepted.

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