Just read am article on https://www.bloomberg.com/news/articles/2017-03-08/amex-seekā¦ saying that Amex is chasing credit card "games". I don't what percentage if their customers are gamers, but they can reduce this problem with increasing bonuses for existing customers, e.g. by more shop small or statement credit offers.
AmEx Fights Back Against Credit-Card Churners
[Deactivated] on 10/03/2017 - 08:37
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Who cares if some people are card churners.
If they don't like card churners don't offer decent bonuses.But don't complain if you get fewer new customers!
What next? A ban on all people who pay off their balance each month???
I am pretty sure that they have a different strategy in the US. Things are very likely to be different for them in Australia.