American Express/Blue Card account
Unethical-possibly Fraudulent Rate Change

I have had a merchant account with American Express Blue since 2001.in the beginning they guaranteed and offered me about the indisputable fact that the it'd be considered a "fixed-rate" of 9.99%. For a long time prior to the financial crisis, it had been usually constant at 9.99%. Lifestyle was great. Then came across the crisis and wallah, the "Promoted Mounted" rate of 9.99% visited 11.9% Some fixed price. During this period I had been by using this for college expenses and possibly should not have. Bam, simply this week they send another observe that it's no further a "Set rate" but a "Variable-Rate" and certainly will begin having a 15.4% interest rate by August 1st. Used to donot obtain this notice until August 10th. I am advocating a person with a card out of this useless organization to cash it out and dump them. They deserve to visit bankruptcy and never to arise whatsoever.

Company: American Express/Blue Card account
Country: USA
State: Washington
City: Vancouver

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