Posts Tagged ‘bank holding company’

AMEX Offers $300 Gift Card to CLOSE Your Account

Monday, February 23, 2009 16:55 6 Comments

In an effort to curb the growing loan deficiencies and defaults, American Express is offering its cardholders a $300 gift card to close their account and pay off the balance by May 1st.
The scheme comes as ratings agencies have warned that rising credit-card delinquencies could push the charge-off rate into the double digits by [...]

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