American Express Complaint - Unfair Rate Hikes By American Express
Due to an oversight, my wife paid our American Express bill (1) one Day late. And for this oversight, American Express has deemed it necessary to raise my interest rates almost 2 times what they were originally. Now instead of paying a little of two hundred dollars a month, I'm being forced to pay almost $500 a month and all because of 24 hours. If I was late by more than that I could understand, but 1 frigging day. 24 measly hours. Oh I'm sure there are going to be those who say well you should pay your bills on time and the hecklers but come on, let's say that your boss docked you a full week's pay for being 24 minutes late, would you call that fair business practices.
Well I don't. These rate hikes because of a missed date by 24 hours is ridiculous. Screw them. They'll get what I've been paying and be happy.