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

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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Comments

  • They did this over a month ago - but slow on the uptake MSE?
  • ndf9876
    ndf9876 Posts: 404 Forumite
    Part of the Furniture 100 Posts Name Dropper
    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?
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