American Express paying card holders to close accounts

Discussion in 'Economics' started by forexinvestor, Feb 23, 2009.

  1. TGregg

    TGregg

  2. Hey,what can I tell ya, I got a pretty nice set up.

    Meanwhile back at the ranch re AMEX, it looks like they are jumping to the head of the cc line to beat off defaults (cc competition)which they know are coming.
     
    #12     Feb 24, 2009
  3. huh

    huh

    Hmmmm I've carried a balance with AMEX for about 4 years now....wonder if they'd be willing to give me this offer. I haven't seen it yet but have to keep my eyes peeled I guess! :p
     
    #13     Feb 24, 2009
  4. valpak

    valpak

    #14     Feb 24, 2009
  5. huh

    huh

    Yeah, plus I just ran the numbers and it wouldn't make sense in my case since I'm paying very little interest on it. Pretty good idea on the part of AMEX although they're setting themselves up for some abuse too!
     
    #15     Feb 24, 2009
  6. gnome

    gnome

    They have a name for guys like us... they call us "Deadbeats"... :D
     
    #16     Feb 24, 2009
  7. Nah, if you haven't seen it yet you're probably a customer in good standing and they want to continue to suck you dry while cutting the fat that the less reptuable customers represent.

    Good 'ole AMEX ... gotta love'em!

    Douchebags that they are. :p
     
    #17     Feb 24, 2009