Sunday, May 30, 2010

Amex/costco rip-off

By: amberfro

After paying off a substantial portion of our Amex/Costco card balance. We received a letter informing us that our card was cancelled! LIVID my husband called them to inquire their reasoning behind the decision. With no late payments and us recently paying off most of our credit card balances (to improve our credit score, mind you) we were told that if we renewed our membership with Costco that our account could likely be reinstated!! I cannot believe that they CANCEL and seriously affect peoples credit scores to bully them into renewing their Costco memberships! What a bunch of corporate, nazi B. S!!!!!

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