Reply To: Amex has cancelled all my cards!

[Cranzle]

Lady London wrote:

Rules intended to fight crime that are being hidden behind by finance providers in order to take actions with impunity, that abuse individual consumers.

Absolutely this.

From what I’ve read generally about the Amex terminations, it’s very much a spreadsheet exercise. Not profitable, doesn’t fit risk profile, they are trying to get their customer profile to fit something and need to terminate accounts in order to achieve this.