Amex bal transfer declined - confused

MSE_Martin

Amex has ended balance transfers for all new credit card customers starting today. Existing customers should not be changed. But it will not be having any BT offers any more!

martin

AMILLIONDOLLARS

Any reasons for this Martin, and will they be making any announcements in the press.

Thanks to you, I was lucky enough to be granted a 4.9% LOB BT with AMEX at the beginning of the year. Thanks again for your tip!!

AMD

eagle

All,

Can we just clarify something here. When people have said "Amex has ended balance transfers for all new credit card customers", does that mean customers who have just got a new card with them, or customers who have a card with them already and are wanting to start/initiate a new Balance Transfer. The wording sounds a little confusing, so sorry to sound a bit thick.

Thanks in advance!