Archive for February, 2009

AmEx paying card holders to close their accounts

NEW YORK – American Express Co, battered by mounting credit card losses, is offering $300 to a limited number of U.S. card holders who pay off their balances and close their accounts, the company said on Monday.
“We sent the offer out to a select number of card members,” said Molly Faust, a company spokeswoman. “We [...]

Never heard of Reservation Rewards? Check your credit card

Connecticut Attorney General Richard Blumenthal told WalletPop his office has launched an investigation into controversial Webloyalty.com — a company you might not have heard of, but might find charges for on your credit card statements.
The company operates Reservation Rewards and other programs that thousands of people have complained lands unwanted charges on their credit cards [...]

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