topic Re: AMEX strikes once again in Credit Cards

AMEX strikes once again

NowIcare — Sat, 15 Nov 2008 05:33:19 GMT

So I have been reading all the posts on AMEX lately and sure enough I saw a CLD today just got off the phone with them CANCELLED that POS card never used it anyways 0 balance for fear of exactly this now it feels like a weight lifted off my shoulders (that is horrible that a card is so bad makes you feel that way) anyhow life goes on I told them im taking my business to Discover. Ha Ha. Nothing bad at all on reports I think they saw my new mortgage pop up.

Message Edited by NowIcare on 11-14-2008 09:33 PM

Re: AMEX strikes once again

Anonymous — Sat, 15 Nov 2008 12:39:51 GMT

Sorry they got you. And so true, these cards should not have to make us feel all nervous. Like there aren't enough things in life to worry about, we have to wonder if Amex is going to hit us with AA.

Discover will be happy, though.

Re: AMEX strikes once again

Anonymous — Sat, 15 Nov 2008 18:27:23 GMT

they just got me too! Just got off the phone with the snotty rep. They cld me. I am going to call back and close the card. I am fuming right now. To top it off, it's a lousy green card! She asked my why I charged 1k this month and if I am going to pay it! The statement hasnt even closed yet! I am so angry right now, that is just an insult!

Re: AMEX strikes once again

score_building — Sat, 15 Nov 2008 19:29:10 GMT

OP i am sorry this happened to you, this practice seems to be continuing unchecked...

@Anonymous wrote:
they just got me too! Just got off the phone with the snotty rep. They cld me. I am going to call back and close the card. I am fuming right now. To top it off, it's a lousy green card! She asked my why I charged 1k this month and if I am going to pay it! The statement hasnt even closed yet! I am so angry right now, that is just an insult!

i know it can be upsetting, it happened to me too. do yourself a favor and do not personalize this action it is NOT a personal affront though it sure does feel like one. you have to remember unless you have been misbehavin' it is NOT you it is THEM. they are trying to reduce their exposure in this crunch.

you are amoung several thousands of customers that have experienced this. in many cases it is based on things COMPLETELY out of your control so why essentially take credit for these factors by being "insulted"? not worth your time nor you blood pressure rising. pay it down and SD it. buy a pack of lifesavers or whatever every so often.

why not allow yourself to recoil and see how you feel about it in a few months? closing it is unlikely to do you any good unless the annual fee makes it not worth keeping the card considering the perks and services it offers you. unless you are a hugely profitable card holder, unfortunately they could care less. i am sorry this happened to you but you are in VERY good company. whatever you decide i wish you continued success and gl!

Re: AMEX strikes once again

Anonymous — Sat, 15 Nov 2008 19:31:28 GMT

Everyone here is going to think im insane But i still want one i dont know why i just want it...

Re: AMEX strikes once again

haulingthescoreup — Sat, 15 Nov 2008 19:45:14 GMT

cartercorp wrote:
Everyone here is going to think im insane But i still want one i dont know why i just want it...

I still like mine, although I do regard it as potentially fickle. I don't exactly lean on it, shall we say!

Re: AMEX strikes once again

Anonymous — Sat, 15 Nov 2008 19:48:25 GMT

@Anonymous wrote:
Everyone here is going to think im insane But i still want one i dont know why i just want it...

Trust me, you don't! I felt the same way as you and I just got mine over the summer, didn't even get to break it in and bam I got The phone call. I refuse to give them 95 bucks a year to use their crappy card. I cancelled it and I have absolutely no regrets. Capitol One treats me better than amex just did.

Re: AMEX strikes once again

Anonymous — Sat, 15 Nov 2008 19:51:15 GMT

@Anonymous wrote:
Trust me, you don't! I felt the same way as you and I just got mine over the summer, didn't even get to break it in and bam I got The phone call. I refuse to give them 95 bucks a year to use their crappy card. I cancelled it and I have absolutely no regrets. Capitol One treats me better than amex just did.

Agreed cap one has treated me well So has Chase

BUT i will keep on the stright and narrow til i get an AMEX.

Re: AMEX strikes once again

score_building — Sat, 15 Nov 2008 20:10:52 GMT

@Anonymous wrote:
Everyone here is going to think im insane But i still want one i dont know why i just want it...
not at all, for many years they've been an "it" card issuer.
I have 2 that i got last year and i still like them. of course i don't rely on them for anything since i know things could head south on my accounts at the drop of a dime. .
if you are the type to get bent out of shape by AA and take things personally just be mindful of how they are treating many of their customers before you take the plunge.

Re: AMEX strikes once again

MidnightVoice — Sat, 15 Nov 2008 21:27:25 GMT

@haulingthescoreup wrote:

I still like mine, although I do regard it as potentially fickle. I don't exactly lean on it, shall we say!

I like my - but I still do not use it in public

(legal between consenting adults in the privacy of their own home)

Re: AMEX strikes once again

score_building — Sat, 15 Nov 2008 22:05:01 GMT

@MidnightVoice wrote:
I like my - but I still do not use it in public

(legal between consenting adults in the privacy of their own home)

Re: AMEX strikes once again

wmarat — Sat, 15 Nov 2008 22:09:10 GMT

Please, excuse my ignorance, but I do not find anything to be fascinating by Amex. I have $15K Blue and IMHO PenFed has much better rewards and CS.

Re: AMEX strikes once again

score_building — Sat, 15 Nov 2008 22:15:40 GMT

apples and oranges

Re: AMEX strikes once again

NowIcare — Sun, 16 Nov 2008 00:34:26 GMT

I did get mad for about 2 seconds then realized I have so many more cards that deserve my business I do not "need" an AMEX. I felt so in control when I told the rep "OK" "Id like to go ahead and cancel the card" he insisted I wait for the reason and maybe it could be reinstated later. I said "no thank you id like to close it" to be honest felt so good cause the ball was in my court. I think anyone that get victimized by these jerks should gladly close the account might make them realize that people wont put up with this nonsense.

Re: AMEX strikes once again

Anonymous — Sun, 16 Nov 2008 01:25:09 GMT

Got an email from AMX today. Dropped my CL. Said I would receive a letter in the mail stating why. Going to pay it off and sock drawer it.

Re: AMEX strikes once again

score_building — Sun, 16 Nov 2008 02:47:08 GMT

sorry about that, though it looks like they're getting fancier now. when they got me they didn't bother with such pleasantries. in fact, i didn't get an email or a letter if my recollection serves me.

i just logged on to my acct. and gasped when i looked at my new limit as being a fraction of my former self it's understandable that one would want to close an acct. if they feel they've been mistreated and want to abruptly end the business relationship. however, how you are dealing with it would seem to put you in the driver's seat more so than a reactionary, knee jerk closing of the acct., which can even damage your score. to each his own i guess.

Re: AMEX strikes once again

NowIcare — Sun, 16 Nov 2008 06:48:13 GMT

@score_building wrote:
sorry about that, though it looks like they're getting fancier now. when they got me they didn't bother with such pleasantries. in fact, i didn't get an email or a letter if my recollection serves me.

i just logged on to my acct. and gasped when i looked at my new limit as being a fraction of my former self it's understandable that one would want to close an acct. if they feel they've been mistreated and want to abruptly end the business relationship. however, how you are dealing with it would seem to put you in the driver's seat more so than a reactionary, knee jerk closing of the acct., which can even damage your score. to each his own i guess.

I would have to disagree with that somewhat, like you stated to each his own but I would not be happy being at the mercy of any credit card company when I have been nothing short of amazing with maintaining my credit reputation. I dont see how this could hurt me at all my utilities are very low and a zero balance on AMEX at time of closing and I have great prime banks that appreciate my business and as a matter of fact I already replaced the CL loss thru CLI on 3 of my other cards with no Hard Inq so now instead of waiting for AMEX to decide one day that they should shut me down I took it upon myself to have it show on my credit report "Closed at consumers request" I dont know about the rest but like I said before I will not stand around and "Hope" that AMEX will treat me good.

Message Edited by NowIcare on 11-15-2008 10:48 PM

Re: AMEX strikes once again

Anonymous — Sun, 16 Nov 2008 13:01:59 GMT

See that's what you get for getting a mortgage. Amex like to see they're customers homeless with all of your money going to they're bonus points mall sites and only Amex name on your credit reports. I'm kidding but if they drop my limit down even $1 I'll closed the card. I havn't used the card in a long time and the last payment I sent was $30 to much so my CL was showing an extra $30 but I just checked and now it says $20. I want to know what they did with my $10 I'm guessing these other CC places should start sending Amex thank you cards for sending them all of they're business. Hope ya Discover card treats ya well

Message Edited by l9ikjam on 11-16-2008 05:01 AM

Re: AMEX strikes once again

Anonymous — Sun, 16 Nov 2008 13:30:13 GMT

I am glad I got rid of them. I can't justify paying them an annual fee to sock drawer the low cl card. The card is basically useless (especially the charge cards not helping utl whatsoever). Also, is it me or are the reps getting a little attitude? As for dropping fico scores upon closing, I just don't see that happening, plus they'll be on credit reports for 10 years with the quote " closed per consumers request" At least I closed it before they did!

Re: AMEX strikes once again

score_building — Mon, 17 Nov 2008 00:40:21 GMT

huh? weren't you just saying that you are v. happy amex in another cld thread. i think you may have even mentioned something like you use it as a debit card and were sort of reveling in the fact that you hadn't had any problems/ really like the card?? did they cld you too or something some time after that?

@Anonymous wrote:
I am glad I got rid of them. I can't justify paying them an annual fee to sock drawer the low cl card. The card is basically useless (especially the charge cards not helping utl whatsoever). Also, is it me or are the reps getting a little attitude?