Thursday, February 26, 2009

Don't let the door hit you in the.....

American Express wants to help you in this time of economic trouble. If you are currently an AmEx customer, they are going to give you a chance to get a cash bonus of $300 to assist you in these troubled. Just watch your mailbox for a special letter containing your super secret code to qualify for this special plan. Then, visit this website, enter your code and you qualify for a prepaid AmEx card loaded with $300 real American dollars to spend as you choose. Not a loan, not a credit extension - 300 bucks cash. small hitch. If you take advantage of this offer, you cancel your card with American Express. Yup. No lie. AmEx is paying current card holding $300 to STOP being a card holder and leave their company. Basically, they don't want your business anymore. They call it "simplifying your finances". I call it "you are a risk - get the hell away from us". And the other catch is that to get the greenbacks, you need to pay off your entire balance over the next 60 days. If you are still carrying a balance on April 1st (how appropriate it that day for this offer), you get no money. And you have no American Express card either.

This is kind of like the Discover Card deal about helping us be smarter spenders. But not really. All these years the companies have told us it's okay to be excessive. And now it comes back to bite them in the butt.