Should i stick with Amex?

[y0rascal]

this is sad i applied for a CC limit increase denied again, im stuck at 1k, however i got a new penfed card with a 10k limit and just applied for the discover more card and rec'd an 8k limit, what gives with AMex?

[Anonymous]

Is this a Capital One AMEX? (jk )

[Red1Blue]

Dont torture your self. All the banks are going through tough times. If there is no AF on Amex card then sock drawer the card and use other cards.

[GomerPyle]

AMEX cannot give you what they do not have. $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

[Anonymous]

NO MORE BANKS TOUGH TIME because they got the stimulus money already. They got billions of $$$$ so they should be freeing up and open more doors for lending...

Consumers are going through tough time but BANKS are FREEBIES..

[Anonymous]

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@GomerPyle wrote:
AMEX cannot give you what they do not have. $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

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I could not disagree more with that statement......

[fused]

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CreditCard101 wrote:

NO MORE BANKS TOUGH TIME because they got the stimulus money already. They got billions of $$$$ so they should be freeing up and open more doors for lending...

Consumers are going through tough time but BANKS are FREEBIES..

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This is not entirely true. Banks don't even have the money to cover their losing bets - aka credit default swaps. As for Amex, I'm not sure what their exposure to CDS is, if any.

[Anonymous]

If they dont lend, how are they going to make money?

[fused]

They won't make money.