Card payment restrictions

[conleysgallery]

Too bad about the new policy, all my business purchases are done with American Express. I'm not a big company, but there are certainly so many large companies/business owners who also only use Am/Ex for business purchases. Consider that you're not the only market that has the products you have listed. You will lose business while looking to save a percent or two.

[southern*sweet*tea]

::general reply::

Back in the day, Amex used to be strictly a charge card, not a credit card.  Any balance was to be paid in full, monthly - no revolving credit. There was also an annual fee to be a member.  My ex-husband had one way back in the 80s, a gold card if I remember right, and the balance had to be paid in full each month.  I forget how much it cost him each year to be a member, but I'm sure it was too much lol

Only when they started revolving credit did they loosen up "membership" to the unwashed masses.

[mam98031]

@southern*sweet*tea 

Now it was a long time ago, so my memory may be failing me but didn't they come out with the Black card with some ridiculous fee.