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Is American Express (Amex) accepted in Sweden?

04 Apr 2023 By PAYCEC

Yes, American Express is accepted in Sweden. However, Mastercard had a much larger market share than Visa and American Express. Mastercard had a 59 percent market share in 2019; Visa came in second with a 39 percent share. Few people used American Express (1 percent). In Europe, Sweden nearly surpassed Mastercard and Visa in market share. Regarding purchase volume, Visa was the most widely used payment card brand, with Mastercard coming in second.

American Express in Sweden

Since its inception in Sweden in the 1970s, Amex has surpassed Visa and Mastercard as the most widely used credit card. Although American Express was still accepted in several stores and businesses well into the 2000s, Amex is now accepted 90% of the time.

In addition to issuing its debit cards, Amex collaborates with SAS in Sweden to offer credit cards that reward users with EuroBonus points for all purchases. One example is the Amex EuroBonus Elite, which comes with 20,000 status-based points when you sign up.

Together with SAS, you have three cards, each with multiple benefits and advantages, and Amex has five payment cards. Amex Blue Card is the most basic card with few benefits, followed by Amex Green Card, Amex Gold Card, and Amex Platinum Card, with Amex Platinum Card being the most expensive and best card that you can apply for.

Aside from that, they have the enigmatic Amex Black (or American Express Centurion Card, as it is officially known), which is "invite only." It is said that spending around $250,000 per year is required to be invited to Amex's most luxurious card.

Where can you pay with American Express in Sweden?

American Express is available at roughly half of all retail locations in Sweden. The majority of major players, both offline and online, now accept American Express. However, Amex is still not widely accepted by many payees. As a result, having a second card in addition to your Amex card may be advantageous.

Do I always get cashback when I pay with Amex Blue Cashback in Sweden?

Regardless of where you purchase, Amex Blue Cash Back in Sweden always gives you cashback. The same is true for international purchases. With Amex Blue Cash Back, each purchase generates 1.25% in cashback, which you receive at the end of the year.

Read more:

Types of payment gateway.

Benefits of online payment gateway.

American Express (Amex) payment gateway.

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