Sunday, May 23, 2010

Interest Rate Hike by American Express - American Express Blue Card

By: Scottay51

Interest rate hike on my blue from 6.99% fixed to 11.99% variable plus prime which amounts to 17.24% last I checked. On future purchases and . . . my remaining balance. Amex refused to let me 'opt out'.

Everyone crush this company. They are the worst of the worse. Email Ken Chenault, CEO. His email is posted on the web. Read Larry Sharnaks' testimony before the House Ways and Means.

Get the word out. Stop using American Express. Don't stop chattering about this company. All cardholders need to come together on this. It is just plain wrong to treat loyal customers like this.

More chatter and things will change!

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