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2009-02-23 Home Front Economy
AmEx paying card holders to close their accounts
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Posted by Anonymoose 2009-02-23 21:21|| E-Mail|| Front Page|| [10795 views ]  Top

#1 My wife has one of their cards. Sure would be nice if they offered this deal to her. But they wont. She pays the bill on time, everytime. Curses! Foiled again for being a good credit risk. We refinanced our home last week. Can't get any bailout money from Obama.
Posted by Richard of Oregon 2009-02-23 22:20||   2009-02-23 22:20|| Front Page Top

#2 don't you have to pay off Amex each month on their std card? (obviously, I don't have one)
Posted by Frank G 2009-02-23 22:23||   2009-02-23 22:23|| Front Page Top

#3 You're right, Frank G, there isn't suppose to be a carryover for the regular accounts. I think they do have some of these "modern" accounts, though. I interpreted thee artcule to mean that American Express was paying their deadbeats $300 to give up their cards. I don't like that. Maybe, I got it wrong.
Posted by Richard of Oregon 2009-02-23 22:34||   2009-02-23 22:34|| Front Page Top

#4 I think they call that AmEx Blue. They were trying to rake in the high interest rates paid by customers carrying balances... which worked for a while.
Posted by trailing wife">trailing wife  2009-02-23 23:05||   2009-02-23 23:05|| Front Page Top

23:58 ed
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23:23 Ming the Merciless
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23:05 trailing wife
23:01 JosephMendiola
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22:47 Mullah Richard
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21:40 Shieldwolf
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