American Express Rewards

American Express Rewards Plus, American Express and Rackateering, Internet

24th of Jan, 2011 by User293893

I am thinking of filing a class action suit against American Express. Here is the deal. I need to hear from people who have the same problem.

I applied for and have in my possession a Rewards Plus Gold Card and Business Platinum Card

Member since 1977

Accepted card and agreed to paying annual membership fee for access toOPEN ENDEDcharging capabilities. (limits over 10,000.)

*2005 husband passed away and on a financial downslide ever since because of the economy and loss of job.

September 2009requested mortgage modification from Bank of America and due to their ultimate refusal to help and dragging out their assistance capabilities, I may loose the house is and my credit was hereby screwed up.

InFeb of 2010notified by American Express, on my statement that I now had acredit limit of $3000.on both cards stating that it was because my FICO score that had gone from 780 to 680. and that I owed too much. DUH!!! And the negatives due to my delinquent mortgage payments.My record with them, since 1977 has been exemplary, by the way!

Upon checking my annual report, while doing taxes a week ago, I noticed that they still charged me the annual card fees of $150 and $395. on a credit limit of $3000. The fact that they had put a credit limit on my account was stated on their invoice - very quietly - without any notification. Yesterday I received a notice for new procedure that they are adapting. THIS SHOULD BE ILLEGAL!!!!!!! I have had these cards since 1977 and my credit has been exemplary!!!! How can they justify a card fee, just a fee forusage and having it in my possession,of $395. on a $3000. credit limit!!! I think this is racketeering!! I was told that I could get another card with them and that my history from 1977 with them, is BUTKUSS!!! Besides that they will refuse me because my credit with the Band of America is out of sorts.

Please see if you can help me, by telling your story, as I KNOW I AM NOT THE ONLY ONE - this can't possibly be legal!!! I have called them several times and asked to speak to a supervisor who basically said for me to get another card. I am not willing to forfeit a card I have had since 1977 with exemplary credit, because of these greedy SOB's.

Mind you, if I stopped using the cards and kept them for "reference" they would still bill me the amounts for usage. Think about it, I have had this card since 1977!This has to stop!! The banks continue to screw us and everyone feels or thinks they can't do anything about it. I DO - I want to file a class action suit against American Express for stealing, fraud and racketeering!

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