open costco american express - $5,000. credit limit

reduced credit line to $2000 when balance due was

$1,800. Called and told my credit reveiw was

not proper - received credit report showed

two items which were not open - also they

stated I never was late and alway paid far

more than minimum payment - gave me a

bad taste for costco - they should be aware

of what A E is doing in theri name. I am not sure

if I want to upset myself by calling costco. What can I do? I many other credit cards so no having the use of american express is not a necessity


  Comments (3)
RSS comments
1. Written by hud, on 24-04-2009 17:14

I have had a VISA card for over 20 years and four months ago I decided to get an AMEX card from Costco. BIG mistake. First they lowered my limit after I did a balance transfer and then they cancelled my card after I complained about it. When I tried to resolve this issue, it was like a SNL skit because I was transferred to six different customer service idiots. 

 

Stay with VISA!!!!

2. Written by peeplerstuupid, on 01-10-2008 23:22

Umm gee obviously you can't afford a CC, so, please shred it!! :)

3. Written by Rose, on 30-09-2008 11:33

Amex knows what it's doing. Don't blame Costco. 

You sound like you should be reining in your spending anyway. If you can't pay it off totally each month you're over spending. 

They think you're a poor risk. End of story........

Comments on costco american express card reduced limit increased interest

Consumer Forum is another great place to discuss consumer concerns NOT RELATED to this article.

Name:
Comment:



Code:* Code
I wish to be contacted by email regarding additional comments

Get Online Debt Relief Now