By: Disgusted "Member"
American Express used to be a company you were proud to be a "Member" of. Not any more. This company has DEVOLVED to the point it is no better than a legal loan shark.
Case in point. I have been a "member" for almost 30 years, excellent credit and excellent payment history. The brains at the top just sent a letter tripling my interest rate - TRIPLING. This is just a monetary rape without justification. After repeated calls asking why, I was just told they made a decision for everyone.
Needless to say, paid my account off and this company will NEVER receive another dime in interest from me.
You take Billions in gov't money read my money - and still want to triple my interest rate.
I've had it.
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