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Amex links card interest rates to the base rate - and cuts credit limit fee - MSE News

Former_MSE_Megan_F
Posts: 418 Forumite

in Credit cards
American Express is to link customers' credit card interest rates to the base rate, and is scrapping its charge for breaching credit limits
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Amex links card interest rates to the base rate - and cuts credit limit fee''

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Amex links card interest rates to the base rate - and cuts credit limit fee''

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Comments
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They did this over a month ago - but slow on the uptake MSE?0
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I got a letter from Halifax about this "Personal Rate" and link to base rate, some three weeks ago.
I assumed all credit card interest rates were on the rise as MBNA knifed up my standard rate too - which I will never pay as the little balance I have is 0%.
Anyone else noticed credit card APR in general has increased?0
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