Credit Card Center Advertiser Disclosure

Reply
Frequent Contributor
Posts: 453
Registered: ‎12-13-2015
0

AmEx Profits Fall 13%

Moderator
Posts: 30,491
Registered: ‎12-13-2013
0

Re: AmEx Profits Fall 13%

Still earning over a Bil but they have not yet been able to stem the downward spiral.

"If there's a lack of money in your life, understand that feeling worried, envious, jealous, disappointed, discouraged, doubtful or fearful about money can never bring more money to you, because those feelings come from a lack of gratitude for the money you have."

"Reactions are powerful creators because they contain every element needed to manifest—they're a combination of thought, belief, and feeling in action. Positive reactions create more positive things, and negative reactions create more negative things. If you can respond to negative situations calmly and lightly, instead of with emotional turbulence, what happens next in your life will be so much better."

- Rhonda Byrne
Valued Contributor
Posts: 1,815
Registered: ‎03-03-2015

Re: AmEx Profits Fall 13%


gdale6 wrote:

Still earning over a Bil but they have not yet been able to stem the downward spiral.


Don't worry, they'll just keep raising the AF's on their charge cards every year, until you have to BT the AF to another card, so you don't go into the poor house to pay it off Smiley Very Happy

Valued Contributor
Posts: 1,474
Registered: ‎08-12-2012
0

Re: AmEx Profits Fall 13%

I love my BCE grocery store card and with 12700 dollar limit...that's a lot of groceries.


TU fico08=817 6/24/17
EX fico08=806 6/24/17
EQ fico08=811 6/24/17
Garden since 4/5/2017

Super Contributor
Posts: 8,760
Registered: ‎10-03-2008

Re: AmEx Profits Fall 13%

[ Edited ]

gdale6 wrote:

Still earning over a Bil but they have not yet been able to stem the downward spiral.


There is an old expression: "... you made your bed now lie in it ..." Smiley Wink

Starting Score: 848
Current Score: 826
Goal Score: 850


Take the myFICO Fitness Challenge
Senior Contributor
Posts: 7,221
Registered: ‎04-23-2016

Re: AmEx Profits Fall 13%

Yeah but what if you baught the sheets in Walmart?
Highlighted
Valued Contributor
Posts: 1,840
Registered: ‎10-10-2011
0

Re: AmEx Profits Fall 13%


Dinosaur wrote:

gdale6 wrote:

Still earning over a Bil but they have not yet been able to stem the downward spiral.


There is an old expression: "... you made your bed now lie in it ..." Smiley Wink


I feel that Amex is still not marketing to the "middle-class America."  It's focus is on 

the upper echelon consumer.  Loosing the Costco portfolio, you would think they

would re-focus there marketing efforts.  Maybe even introduce a secured card, to 

tap new markets.  Most prime banks now offer secured cards, but not Amex. Oh well, no Amex

for me!!


Current Scores 3/2016 Equifax 676 Transunion 697 Experian 648 Goal Scores: 720's accross the board. Gardening Goal: 3/2017

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
‡ Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.