If you carry any type of America Express cards I feel sorry for you. This is a company I used to have a lot of respect for but lately I’m having many doubts. I dumped my Amex Blue card a few months back since they cut back my credit line down to $500. I refuse to do business with any company that lowered my credit line based on where I shop when my credit score is over 700 and never missed any payments or had any negative fees.
My employer forces me to carry an American Express Gold Corporate Card for all my business expenses and reimbursements. Recently Amex decided to add spending limit to the card, so again they cut me back down to $500 dollars. This week I had to book airfare to New York and Hotel expenses. The current balance is over $500 so this whole week the card has been declined 3 times! So thanks to their brainless policies I can’t use my card.
We’ve never had any kind of spending limits at our company so I’m sure this Amex trying to further reduce risks and cut credit lines. Maybe Amex needs to revisit their no pre-set spending limit policies.
HS
My employer forces me to carry an American Express Gold Corporate Card for all my business expenses and reimbursements. Recently Amex decided to add spending limit to the card, so again they cut me back down to $500 dollars. This week I had to book airfare to New York and Hotel expenses. The current balance is over $500 so this whole week the card has been declined 3 times! So thanks to their brainless policies I can’t use my card.
We’ve never had any kind of spending limits at our company so I’m sure this Amex trying to further reduce risks and cut credit lines. Maybe Amex needs to revisit their no pre-set spending limit policies.
HS
