Will You Accept $300 To Close Your AmEx Credit Card Account?


American Express CardsWill you accept $300 cash in the form of a pre-paid American Express card to close you AmEx credit card account?

American Express has offered to pay their card holders $300 to pay off their balances and close their accounts. This is one of the company’s ways to manage credit risk based on the costumers overall credit profile.

This offer is until the end of February. If you agree to the plan by March, you have until April to find enough funds to pay off your outstanding balance and close your account.

I wonder how many credit card holders can really pay off credit cards in one shot and close their accounts in order to enjoy the $300 cash offer in the form of a pre-paid American Express card.


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This entry was posted on Tuesday, February 24th, 2009 at 11:40 am and is filed under Credit Cards. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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