Comments on: American Express and the Bare-Knuckle Tactics of Card Issuers http://washingtonindependent.com/41030/american-express-and-the-bare-knuckle-tactics-of-card-issuers National News in Context Sun, 04 Mar 2012 13:30:47 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Fontaine Carroll http://washingtonindependent.com/41030/american-express-and-the-bare-knuckle-tactics-of-card-issuers/comment-page-1#comment-262299 Fontaine Carroll Sun, 14 Aug 2011 00:00:00 +0000 http://washingtonindependent.com/?p=41030#comment-262299 I am putting together a class action lawsuit against these illegal business practices. Have not picked a lawyer yet but if you want to join call me. Fontaine 713.829.6883 I am putting together a class action lawsuit against these illegal business practices. Have not picked a lawyer yet but if you want to join call me. Fontaine 713.829.6883

]]> By: Fontaine Carroll http://washingtonindependent.com/41030/american-express-and-the-bare-knuckle-tactics-of-card-issuers/comment-page-1#comment-262298 Fontaine Carroll Sat, 13 Aug 2011 23:58:00 +0000 http://washingtonindependent.com/?p=41030#comment-262298 I am putting together a class action lawsuit. Was a cardholder, same stuff. Fontaine  713.829.6883   call me if interested. I am putting together a class action lawsuit. Was a cardholder, same stuff. Fontaine  713.829.6883   call me if interested.

]]> By: Fontaine Carroll http://washingtonindependent.com/41030/american-express-and-the-bare-knuckle-tactics-of-card-issuers/comment-page-1#comment-262297 Fontaine Carroll Sat, 13 Aug 2011 23:57:00 +0000 http://washingtonindependent.com/?p=41030#comment-262297 I am putting together a class action suit. I am a cardholder or was.... fontaine  713.829.6883 I am putting together a class action suit. I am a cardholder or was…. fontaine  713.829.6883

]]> By: Fontaine Carroll http://washingtonindependent.com/41030/american-express-and-the-bare-knuckle-tactics-of-card-issuers/comment-page-1#comment-262295 Fontaine Carroll Sat, 13 Aug 2011 23:55:00 +0000 http://washingtonindependent.com/?p=41030#comment-262295 I am putting together a class action lawsuit against them.  I am a cardholder. Fontaine  713.829.6883 I am putting together a class action lawsuit against them.  I am a cardholder. Fontaine  713.829.6883

]]> By: Fontaine Carroll http://washingtonindependent.com/41030/american-express-and-the-bare-knuckle-tactics-of-card-issuers/comment-page-1#comment-262294 Fontaine Carroll Sat, 13 Aug 2011 23:54:00 +0000 http://washingtonindependent.com/?p=41030#comment-262294 Please call me at 713.829.6883. I am putting together a class action lawsuit against AE. Please call me at 713.829.6883. I am putting together a class action lawsuit against AE.

]]> By: jcreaturetravel http://washingtonindependent.com/41030/american-express-and-the-bare-knuckle-tactics-of-card-issuers/comment-page-1#comment-40957 jcreaturetravel Sat, 04 Jul 2009 23:07:11 +0000 http://washingtonindependent.com/?p=41030#comment-40957 I'm very suspicious why there hasn't been greater media attention to this matter, especially given that American Express received $3.3 billion from the Treasure Department recently to become a bank holding company. I've spoken to dozens of Platinum Card members who find that despite 20+ years of paying on time or early, they now have a credit limit that is so low it makes the card almost useless. <br><br><br>In fact, I'm at a restaurant now where the francise owner found out I was emailing you and she told me her story: she spent $30,000 on her card and now finds she has a $5,000 credit limit, for no reason.<br><br>I'm sure you are also aware that the NY Times did a story in January regarding how AmEx started penalizing customers who frequented certain merchants. In other words, they were profiling their card members.<br><br><a href="http://www.nytimes.com/2009/01/31/your-money/credit-and-debit-cards/31money.html?_r=1&scp=1&sq=american%2520express%2520credit%2520limit&st=cse" rel="nofollow">http://www.nytimes.com/2009/01/31/your-money/cr...</a><br><br>The Wall Street Journal wrote a small piece how AmEx paid card members $300 to pay up their balance and cancel their card:<br><br><a href="http://online.wsj.com/article/SB123542259989852121.html" rel="nofollow">http://online.wsj.com/article/SB123542259989852...</a><br><br>I'm hoping there is more mass media attention on this matter because it seems to go beyond simply trimming the ranks of their card members.<br><br><br>Jeanine<br><a href="http://www.jthetravelauthority.com" rel="nofollow">www.jthetravelauthority.com</a><br>twitter: @jcreaturetravel I'm very suspicious why there hasn't been greater media attention to this matter, especially given that American Express received $3.3 billion from the Treasure Department recently to become a bank holding company. I've spoken to dozens of Platinum Card members who find that despite 20+ years of paying on time or early, they now have a credit limit that is so low it makes the card almost useless.

In fact, I'm at a restaurant now where the francise owner found out I was emailing you and she told me her story: she spent $30,000 on her card and now finds she has a $5,000 credit limit, for no reason.

I'm sure you are also aware that the NY Times did a story in January regarding how AmEx started penalizing customers who frequented certain merchants. In other words, they were profiling their card members.

http://www.nytimes.com/2009/01/31/your-money/cr…

The Wall Street Journal wrote a small piece how AmEx paid card members $300 to pay up their balance and cancel their card:

http://online.wsj.com/article/SB123542259989852…

I'm hoping there is more mass media attention on this matter because it seems to go beyond simply trimming the ranks of their card members.

Jeanine
http://www.jthetravelauthority.com
twitter: @jcreaturetravel

]]> By: chris http://washingtonindependent.com/41030/american-express-and-the-bare-knuckle-tactics-of-card-issuers/comment-page-1#comment-34439 chris Fri, 01 May 2009 21:21:44 +0000 http://washingtonindependent.com/?p=41030#comment-34439 like i said they are a GARBAGE corporation, why people want to have their card i do not know? i worked at their data center in AZ a number of years ago, the place was 50% H-1B visa then? they are a TARP recieving welfare corporation running with CHEAP us government sell out labor. i remember when they thought they were worth 1.5% more merchant fee then visa or master. they are a PHONY psuedo elite JOKE ! like i said they are a GARBAGE corporation, why people want to have their card i do not know? i worked at their data center in AZ a number of years ago, the place was 50% H-1B visa then? they are a TARP recieving welfare corporation running with CHEAP us government sell out labor. i remember when they thought they were worth 1.5% more merchant fee then visa or master. they are a PHONY psuedo elite JOKE !

]]> By: chris http://washingtonindependent.com/41030/american-express-and-the-bare-knuckle-tactics-of-card-issuers/comment-page-1#comment-29343 chris Fri, 01 May 2009 14:21:44 +0000 http://washingtonindependent.com/?p=41030#comment-29343 like i said they are a GARBAGE corporation, why people want to have their card i do not know? i worked at their data center in AZ a number of years ago, the place was 50% H-1B visa then? they are a TARP recieving welfare corporation running with CHEAP us government sell out labor. i remember when they thought they were worth 1.5% more merchant fee then visa or master. they are a PHONY psuedo elite JOKE ! like i said they are a GARBAGE corporation, why people want to have their card i do not know? i worked at their data center in AZ a number of years ago, the place was 50% H-1B visa then? they are a TARP recieving welfare corporation running with CHEAP us government sell out labor. i remember when they thought they were worth 1.5% more merchant fee then visa or master. they are a PHONY psuedo elite JOKE !

]]> By: Nancy Snider http://washingtonindependent.com/41030/american-express-and-the-bare-knuckle-tactics-of-card-issuers/comment-page-1#comment-29249 Nancy Snider Thu, 30 Apr 2009 18:57:45 +0000 http://washingtonindependent.com/?p=41030#comment-29249 Apparently their Blue Sky customers complained enough.. I just got a letter after receiving the same crappy treatment.. card was cancelled for NO REASON, my credit score is 720 and that is after American Express cancelled me and screwed up my debt to credit ratio...I was likey in the 800's before they did that.<br><br>They just informed me they are going to send me a check for the 500 dollars of travel credit I earned. Believe me I made a lot of noise about this. I have NO negative credit history NONE... I felt they stole my 500 dollars.. and damaged my credit score, well at least Im getting my travel credits back in cash. I no longer trust this company and will not use their services in the future but I feel a little less singed by getting my rewards refunded. Apparently their Blue Sky customers complained enough.. I just got a letter after receiving the same crappy treatment.. card was cancelled for NO REASON, my credit score is 720 and that is after American Express cancelled me and screwed up my debt to credit ratio…I was likey in the 800's before they did that.

They just informed me they are going to send me a check for the 500 dollars of travel credit I earned. Believe me I made a lot of noise about this. I have NO negative credit history NONE… I felt they stole my 500 dollars.. and damaged my credit score, well at least Im getting my travel credits back in cash. I no longer trust this company and will not use their services in the future but I feel a little less singed by getting my rewards refunded.

]]> By: juliette whitney http://washingtonindependent.com/41030/american-express-and-the-bare-knuckle-tactics-of-card-issuers/comment-page-1#comment-29205 juliette whitney Thu, 30 Apr 2009 14:59:26 +0000 http://washingtonindependent.com/?p=41030#comment-29205 One day Chris, they will beg for the good people they are dropping like flies now.<br>How do they get to become a bank holding company and get to act in such an horrific manner? One day Chris, they will beg for the good people they are dropping like flies now.
How do they get to become a bank holding company and get to act in such an horrific manner?

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