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Amex isn't exclusive at all. Anyone can go apply for one and get one. It's not special at all
It costs more for the merchant and cardholder. That's why rich people flex with it. Because they can afford to pay more and cost others more for no reason.
Maybe more for the seller, I don't know but the cost to me is... Nothing. Well the benefit to me is about 3% back on anything I buy. No fees. Just another cheap card.
The seller isn't eating the loss. It's all passed to us poors.
You both are so very close to the real selling point those fucknuts are frothy over their Amex black card: they get to cosplay as royalty, oppressing the poors with a simple gesture. 🤌🏼
There's a queue at the guillotine for these people. It's not as popular as the ones for "elected officials", warmongers, fascists, or even longtime tyrants, to be sure —but it's there. 🖕🏼
The Amex Black Card is the one I was starting to refer to, I got interrupted and decided to hit the button rather than elucidate further. Sorry. You can look up the requirements and benefits, it wouldn't be good for me but for someone who travels a lot and throws big expensive parties it might. Or if they're basically a corporation