AmEx Fights Back Against Credit-Card Churners

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.

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Comments

  • +4

    I am pretty sure that they have a different strategy in the US. Things are very likely to be different for them in Australia.

  • 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???

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