American Express
Lower your Credit Limit without due cause

My fiance and I got an Amex Blue Cash Card back in October with a $3,000 credit limit. While we have been paying their payments — above minimum every month, they just lowered our credit limit to $2600.00 instead of the original $3000 limit. When we called to discuss the account, a very snotty Credit Supervisor rambled off some nonsense about how the balance we have which is $1700 was not going down — and that they lowered the limit. Now we've heard about the Credit Card Industry SCAMS that have been occurring because of Congress and the Senate threatening to regulate this industry; however, we were shocked that a company of the caliber we THOUGHT American Express was would stoop to such a low and scamming level. Don't get an American Express Card — PERIOD. They are just as underhanded as all the others — not to mention the fact that they are rude about it when they do this con. Bad company.

Company: American Express
Country: USA

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