It is beyond stinks! I have been with them since 1986 and NEVER had anything and am very creditworthy and hold many private and other accounts due to my long established small business. Always been good "credit risk". but today in this socialist environment, seems a "one size fits all" approach is being used and many good people and businesses are going to be affected negatively and that is criminal in my book !
There will be no "growth & unity" at all ever again in the USA if you are targeting small businesses and others who have proven good customers for many years, and you just axe their credit limits by 75% like they did to mine out of nowhere. nd for others to know, this newer AMEX prime Business account card tied to Amazon is a con- as they state there is "no interest for 6 months on all purchases", to better help small businesses grow/ problem is, their fine print reads "You must first hit a thresshold of $200,000.00 within a calendar year to qualify for 6 months no interest program".. That in itself is worthy of a FTC investigation and is fraudulent... I don't know ANY small business or other who would run up $200K in purchases irresponsibly like that in the first place!!
Was it because I tried to purchase a Benelli 12Ga shotgun Saturday from sporting goods retailer only to have that transaction declined? Everything was fine and dandy for decades. I made my normal monthly payment on time from recent statement showing "$19,900.00 credit limit"... Saturday I went to use it on a gun purchase and wham, it's denied... Sunday am drinking my coffee I look at emails, and low and behold, I get a notice from AMEX my credit limit axed to $5,000.00 only !!! ???
Have they become "Anti American" like so many other corps out there today???
Recent AXP News
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