Posts Tagged ‘card issuers’
AMEX Offers $300 Gift Card to CLOSE Your Account
Monday, February 23, 2009 16:55 4 CommentsIn 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 [...]





















