Amex is fast becoming another useless garbage funder in the middle class credit market. Their aquisition of Credit One is prime example of David/Goliath takeover than taking a pretty consistent cc issuer that, although higher rates, didnt punish good paying customers. Ive paid my Amex account 185 straight months and they have NEVER raised my limit. Now that they have aquired Credit One, expect lots of hassles, reducing credit lines while raising fees. Wheres anti-trust when we need it?
