How Much Credit Is Too Much? Where AmEx Went Wrong [View article]
Nice article, Frank. I think the Amex problems are overstated and easily correctable.
I recently signed up for a Discover card to get the signup bonus- there is also 5% back on gas purchases and a minimum of 1% back across the board. So far I have found it has been accepted almost everywhere.
Ten Reasons to Like American Express [View article]
user164258- You make some good points about AXP's additional risk exposure versus Visa/MA. But there are some advantages in having more control front-to-back. They have a great exclusive relationship with Costco that would be hard for Visa/MA to match. Another thing about AXP's card holders that I like is that most of them pay off their balances every month, so the relative exposure per client tends to be pretty low. They make most of their money on vendor fees rather than credit card interest.
30 High Yielding Option Write Ideas for November Option Expiration Friday [View article]
Are commissions and bid-asked spread included in your calculations?
George
How Much Credit Is Too Much? Where AmEx Went Wrong [View article]
I recently signed up for a Discover card to get the signup bonus- there is also 5% back on gas purchases and a minimum of 1% back across the board. So far I have found it has been accepted almost everywhere.
Ten Reasons to Like American Express [View article]