deuxsous

American Express Calls Investment Banks' Bluff

I think many do not know that American Express classic card holders MUST pay their charges each month, and do. They have been trying to convince me after over 40 years with them to sign up for one of their "defaultable" credit charge cards so I can spend hundreds of dollars of interest in addition to normal merchants' charges they get. They are apparently not clear on the concept of their own cards and clients.

I knew they must be hurting because I am recently getting at least five emails and three post mailings a day for some new schemes I don't want or need.

Some friends tell me Amexco are cutting monthly charge limits on some of their BIG business clients who have always paid on time. It looks like we'll all have to start getting cash at the bank like in the olde dayz and carry a Glock! jeeeeeziz...