We have gotten fewer AmEx cards this year. Last year it was about 20% AmEx. This year only 11%. More guests are paying cash and by check this year than in the past. Not tons, but more.They are trying to pay back their TARP money so as to get out from under the government thumb; so that would explain it. However, they have angered so many of their customers with their indiscriminate cutting of credit limits that many refuse to even use their AMEX card anymore. I know I won't, and a lot of merchants refuse to take them anymore as well. When I mentioned that to a service rep last year AMEX acted surprised however, they haven't changed any of their policies..
We do it like it you Copperhead.My Amex users are lower this year as well...
This has been a ploy with a lot of companies lately - even me electric company which hit the news and got bad publicity when elderly on SS received 2 bills in some months.
I changed the way my AMEX discount is taken...I have it taken out with each transaction. This was a big benefit when we got mostly AMEX for our business travelers. Then the money I have in the account is mine...no saving a % for the end of the month withdrawl..
Or customer friendly. I think their actions are going to come back to bite them in the butt.I stopped taking Amex too. Everyone who has an Amex card also has a Visa or a Master Card. They're just not worth the agg. Not merchant friendly. imho.
Absolutely PLUS hit you for the $40 late fee.Dh has noticed when paying our personal credit cards, that they are all changing the due dates. He feels strongly that they are trying to get us to pay late in error so they can up our percentage rate
Riki.
Dh has noticed when paying our personal credit cards, that they are all changing the due dates. He feels strongly that they are trying to get us to pay late in error so they can up our percentage rate
Riki.
That is absolutely true. What I've found tho, is going with a credit union (you may be able to join thru your job) is much better. The rate I pay there has not gone up in 5 years and the due date has not changed. An article in the NYT dealt with the new regs coming up and said that most credit unions are far and away set and then some for the new regs.egoodell said:Dh has noticed when paying our personal credit cards, that they are all changing the due dates. He feels strongly that they are trying to get us to pay late in error so they can up our percentage rate
Riki
Dh has noticed when paying our personal credit cards, that they are all changing the due dates. He feels strongly that they are trying to get us to pay late in error so they can up our percentage rate
Riki.That is absolutely true. What I've found tho, is going with a credit union (you may be able to join thru your job) is much better. The rate I pay there has not gone up in 5 years and the due date has not changed. An article in the NYT dealt with the new regs coming up and said that most credit unions are far and away set and then some for the new regs.egoodell said:Dh has noticed when paying our personal credit cards, that they are all changing the due dates. He feels strongly that they are trying to get us to pay late in error so they can up our percentage rate
Riki
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We do have a credit union account. We plan to get a cc from them when we start traveling abroad as it appears they don't hit you with all the extra fees when used overseas.Bree said:That is absolutely true. What I've found tho, is going with a credit union (you may be able to join thru your job) is much better. The rate I pay there has not gone up in 5 years and the due date has not changed. An article in the NYT dealt with the new regs coming up and said that most credit unions are far and away set and then some for the new regs.
i am complaining and i vote. i vote for dogcatcher. it's a right i fully enjoy. i am complaining about the card i have but will no longer use when they rais my rate to 19% next month. i didn't overspend myself. i don't have payments i cannot make. i will not pay for someone else's mistakes if i can help it. no one voted for credit cards to make these big changes. credit card issuers gave credit cards to people who had no visible means of support and now i am going to pay for this? no a chance. i can live without a credit card. i pay cash when i shop. i send checks to buy goods. dh is still holding back but he'll come around. the credit card companies can't live with out people like us who pay their bills on time. let them stick it to good people and all they'll be left with is bad debt.Amen, Tim. The people that complain the loudest always seem to be the people that participate the least...hubs works with a bunch of gomers that are now screaming about the results of the last couple of elections. Come to find out, none of them voted. Duh..
I also vote in EVERY election so I have the right to complain. He who does not vote has no right toi am complaining and i vote. i vote for dogcatcher. it's a right i fully enjoy. i am complaining about the card i have but will no longer use when they rais my rate to 19% next month. i didn't overspend myself. i don't have payments i cannot make. i will not pay for someone else's mistakes if i can help it. no one voted for credit cards to make these big changes. credit card issuers gave credit cards to people who had no visible means of support and now i am going to pay for this? no a chance. i can live without a credit card. i pay cash when i shop. i send checks to buy goods. dh is still holding back but he'll come around. the credit card companies can't live with out people like us who pay their bills on time. let them stick it to good people and all they'll be left with is bad debt.Amen, Tim. The people that complain the loudest always seem to be the people that participate the least...hubs works with a bunch of gomers that are now screaming about the results of the last couple of elections. Come to find out, none of them voted. Duh..
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We are happy that we've been using our debit card for over a year and stopped using credit cards completely. We just have some building deb to pay off and then will only have two van payments, a credit union line of credit and a mortgage.I also vote in EVERY election so I have the right to complain. He who does not vote has no right toi am complaining and i vote. i vote for dogcatcher. it's a right i fully enjoy. i am complaining about the card i have but will no longer use when they rais my rate to 19% next month. i didn't overspend myself. i don't have payments i cannot make. i will not pay for someone else's mistakes if i can help it. no one voted for credit cards to make these big changes. credit card issuers gave credit cards to people who had no visible means of support and now i am going to pay for this? no a chance. i can live without a credit card. i pay cash when i shop. i send checks to buy goods. dh is still holding back but he'll come around. the credit card companies can't live with out people like us who pay their bills on time. let them stick it to good people and all they'll be left with is bad debt.Amen, Tim. The people that complain the loudest always seem to be the people that participate the least...hubs works with a bunch of gomers that are now screaming about the results of the last couple of elections. Come to find out, none of them voted. Duh..
.ing.
I got a letter from my cc company telling me they were raising my interest rate by almost 4 points as of May 1. I called and informed them they were NOT going to do that as I had paid my bill ON TIME even though they kept changing the due date and I was not about to pay for anyone who was NOT making their payments. I was assured that I was not paying for anyone else (yea right!) and the due date was not being moved around (same response as previous), and yes, your interest rate will remaind the same as it has been. (Still usurious but not higher)
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How did the people you've helped put in office vote on these type issues?i am complaining and i vote. i vote for dogcatcher. it's a right i fully enjoy. i am complaining about the card i have but will no longer use when they rais my rate to 19% next month. i didn't overspend myself. i don't have payments i cannot make. i will not pay for someone else's mistakes if i can help it. no one voted for credit cards to make these big changes. credit card issuers gave credit cards to people who had no visible means of support and now i am going to pay for this? no a chance. i can live without a credit card. i pay cash when i shop. i send checks to buy goods. dh is still holding back but he'll come around. the credit card companies can't live with out people like us who pay their bills on time. let them stick it to good people and all they'll be left with is bad debt.Amen, Tim. The people that complain the loudest always seem to be the people that participate the least...hubs works with a bunch of gomers that are now screaming about the results of the last couple of elections. Come to find out, none of them voted. Duh..
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"He who does not vote has no right toI also vote in EVERY election so I have the right to complain. He who does not vote has no right toi am complaining and i vote. i vote for dogcatcher. it's a right i fully enjoy. i am complaining about the card i have but will no longer use when they rais my rate to 19% next month. i didn't overspend myself. i don't have payments i cannot make. i will not pay for someone else's mistakes if i can help it. no one voted for credit cards to make these big changes. credit card issuers gave credit cards to people who had no visible means of support and now i am going to pay for this? no a chance. i can live without a credit card. i pay cash when i shop. i send checks to buy goods. dh is still holding back but he'll come around. the credit card companies can't live with out people like us who pay their bills on time. let them stick it to good people and all they'll be left with is bad debt.Amen, Tim. The people that complain the loudest always seem to be the people that participate the least...hubs works with a bunch of gomers that are now screaming about the results of the last couple of elections. Come to find out, none of them voted. Duh..
.ing.
I got a letter from my cc company telling me they were raising my interest rate by almost 4 points as of May 1. I called and informed them they were NOT going to do that as I had paid my bill ON TIME even though they kept changing the due date and I was not about to pay for anyone who was NOT making their payments. I was assured that I was not paying for anyone else (yea right!) and the due date was not being moved around (same response as previous), and yes, your interest rate will remaind the same as it has been. (Still usurious but not higher)
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