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amex blue getting worse and worse (rapidly)

Moglex
Moglex Posts: 1,581 Forumite
Part of the Furniture 1,000 Posts
A week or so back I had a letter telling me that the £40 maximum fee for balance transfer was no more. You now pay the fee on the entire amount.

Today I get a letter telling me that the all the interest rates have taken a massive hike.

I'm clearing the balance and shall not use the card again if I can help it (which I'm pretty sure I can :))

Comments

  • M_Thomson
    M_Thomson Posts: 1,596 Forumite
    Part of the Furniture
    Moglex wrote:
    A week or so back I had a letter telling me that the £40 maximum fee for balance transfer was no more. You now pay the fee on the entire amount.

    Today I get a letter telling me that the all the interest rates have taken a massive hike.

    I'm clearing the balance and shall not use the card again if I can help it (which I'm pretty sure I can :))

    What is your rate now and what is it going up to?
  • neil40
    neil40 Posts: 753 Forumite
    You will proberly be better to cancel the card account if you decide not to use it as they also charge a fee if you dont spend at least £500 on it during a year........Neil
  • ---lee---
    ---lee--- Posts: 921 Forumite
    Cashback is only paid annually so be sure to wait until you get your cashback before cancelling it.
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