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Credit card frustration

July 23rd, 2010 at 06:26 pm

No, this isn't about me paying off credit card debt, which is still a major challenge and obstacle for me at the moment. It's about my credit union phasing out their Visa credit cards for American Express. I don't know why they're doing this. I just received an Amex card in the mail for the same limit as my Visa card. I activated it, which I shouldn't have, and they closed out my Visa card. On my credit card report it says account closed at customer request. The heck it was! I started too see very soon that many businesses do not deal with Amex. It's a real pain. Everyone takes Visa, not so with Amex.

2 Responses to “Credit card frustration”

  1. anonymous Says:

    Hope that is not "catching," as I have noticed my credit union tends to participate in credit union trends.

  2. Jerry Says:

    This is so true. I like traveling with my Amex, but it does lead to headaches because there are MANY places that will not accept it... especially because I am a frugal traveler and don't usually stay at upper-end places that seem to accept Amex more! I also carry a MasterCard for that simple reason. I will use the Amex when I can, but I keep the MC for insurance so I'm not stuck someplace (which happened once in Norway, but that's another story!)...

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