Posted on Monday, 4th January 2010 by CreditCardGuru
As some of you may have heard, earlier this year American Express filed suit against Courtney Love, alleging that she has an unpaid credit card balance of over $350,000 (with that amount I’m guessing she must have a Centurion card).
Now, Courtney has turned around and filed a counter-suit against them… she blames AmEx for the [...]
Tags: american express, courtney love, credit card fraud
Posted in News | Comments (4)
Posted on Wednesday, 26th August 2009 by CreditCardGuru
Do you have an American Express card? Then there’s a good chance you recently got a letter in the mail from Amex raising the interest rate on your variable APR card. In fact, I received this letter in the mail myself for my Blue card. The changes go into effect during the first billing period [...]
Tags: american express, credit cards, interest rate, raising apr, raising interest rates
Posted in News | Comments (20)
Posted on Monday, 24th August 2009 by CreditCardGuru
Fees for going over your credit limit are a huge money maker for the industry. In fact, they are estimated to bring in around $3.7 billion in revenue this year alone. The recent credit card reform (which doesn’t kick in for another half year) will help protect against these fees: creditors won’t be able to [...]
Tags: american express, credit cards
Posted in News | Comments (5)
Posted on Tuesday, 23rd June 2009 by Sam
Is the economy on the brink of recovery? It’s tough to tell, but there are some positive signs we are seeing. Take for example the bailout money paid to the banks. The Federal Reserve recently gave permission to ten of the financial institutions that received bailout money to pay it back. American Express was one [...]
Tags: american express, bailout, tarp funds
Posted in News | Comments (3)
Posted on Wednesday, 1st April 2009 by CreditCardGuru
1% or 5% cash back credit card? How about a 20% cash back card? While rumors have been buzzing for months about this card, today they were finally put to rest when the “Twenty from American Express” was revealed at a corporate press conference for the new credit card. The card will feature 20% cashback [...]
Tags: 5% cash back credit card, american express
Posted in News | Comments (0)
Posted on Saturday, 31st January 2009 by Nicole
Over the past 12 months, for most of us those little non-descript envelopes which contain credit card solicitations aren’t showing up in our mailbox as often. However this doesn’t appear to be the case for a Chicago-area family. They decided to save all their credit card offers they received in the mail over the course [...]
Tags: american express, chase, citi, credit card marketing, credit card offers, credit cards
Posted in General | Comments (7)
Posted on Saturday, 17th January 2009 by CreditCardGuru
Home to over 20 million people, Sri Lanka is an island country located about 19 miles off India’s southern coast in South Asia. The island’s central location makes it the crossing point of many sea routes, and as expected, that makes Sri Lanka a thriving player in the industrial economy.
Over the years American Express has [...]
Tags: airlines, american express, business, credit cards, sri lanka, travel
Posted in News | Comments (2)
Posted on Tuesday, 16th December 2008 by Nicole
A member on Credit Card forum pointed out the news that there is a new Visa black credit card which has just been released, but is this really nothing more than an imitation of the American Express Centurion card?
The Black Card (yes, that is the official trademarked name of the card) carries a $495 fee. [...]
Tags: american express, black card, centurion, credit cards, visa
Posted in News | Comments (6)
Posted on Wednesday, 10th December 2008 by Nicole
Ever wonder what the very first credit card looked like?
This card was issued in 1958 by American Express and under the current definition of a credit card, most would consider this the first credit card ever issued. Diners Club did have a card prior to this, but it could only be used at restaurants.
Anyway, this [...]
Tags: american express, credit cards
Posted in Uncategorized | Comments (2)
Posted on Sunday, 28th September 2008 by Nicole
Consumer Reports magazine ranked credit cards by issuer. The ratings were based on cardholders’ experiences they’ve had with fees, interest rates, and customer service.
There were 21 major credit card companies ranked and the major ones are displayed below…
A few of the company’s rankings are about where you would expect them, but a couple are a [...]
Tags: american express, credit cards, customer service, rankings, ratings
Posted in General | Comments (1)
