American Express
Card Cancelled Over High Balance Despite Perfect Payments

Business & Finance

My credit card was cancel because I had a high balance for 2 months and had balances on other cards.

I've never missed a payment, never was late, had just paid off the perverse months balance when they canceled the card. I've have a balance of 185 dollars and they canceled my card!!!

When talking to them they couldn't give me an answer. "It is business decision". I had over 100 dollars in cash back when they did this.

I think I know why they are doing this. It is because of the new laws going into effect any they thought I might be a risk. You know the guy with a 719 for credit score is such a big risk.


Company: American Express
Country: USA
State: Idaho
SUBMIT A COMPLAINT
  <     >  

RELATED COMPLAINTS

Providian - Emerge Credit Card
Rip-off! They cut my credit line, then canceled my credit card even after I paid off half the balance

American Express
Credit card cancelled over inquiries despite perfect payment history

American Express Amex
Credit limit lowered repeatedly despite on-time payments

Bank of America
Credit Cards Cancelled After Six Years Despite No Late Payments

Fleet - Bank Of America Credit Card Services
Interest Rate Raised From 9.9 to 21 Percent After Balance Transfer

Chase
Interest rate raised from 7.9% to 29.9% after balance transfers

Imagine Card
First Bank Delaware Canceled Account without any notice

Imagine Mastercard
Imagine, Imagine mastercard credit card is a rip off they cancel card when I paid the balance in full every month! Springfield Missouri

American Express
Gold card canceled after full payment, reinstatement fee demanded

SUBMIT A COMPLAINT