Aldi Trials Excluding American Express Credit Cards, May Stop Accepting Them Altogether

Aldi, a popular discount grocery store chain in the US, has stopped accepting American Express credit cards at some locations. This move is being seen as an experiment to determine if excluding Amex affects sales.

Credit expert Clark Howard believes that Aldi may decide to remove American Express as a payment option across all their stores due to the high processing fees charged by the card network.

A listener from Michigan reported that his local Aldi store no longer accepts American Express cards, and Clark thinks this is part of an ongoing test. He notes that Amex is the most expensive card for retailers to accept, making it a likely target for exclusion in the future.