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From: jcjeff@ihlpg.UUCP (Richard Jeffreys)
Newsgroups: net.consumers
Subject: Re: Amex card fees (repayments)
Message-ID: <987@ihlpg.UUCP>
Date: Tue, 30-Jul-85 15:34:24 EDT
Article-I.D.: ihlpg.987
Posted: Tue Jul 30 15:34:24 1985
Date-Received: Thu, 1-Aug-85 22:34:38 EDT
References: <5946@duke.UUCP> <69600026@hp-pcd.UUCP> <132@micropro.UUCP>
Organization: AT&T Bell Laboratories
Lines: 24

> Some notes...  There is NO mention of a credit limit in the AMEX cardmember
> agreement.  Further, AMEX sells their card as better than VISA or MC because
> they do not impose a "fixed" credit limit.  It is determined by your history
> and needs.
> 			Ed Greenberg

1. Correct there is no mention of a credit limit on Amex cards.
2. They do, however, expect you to pay the FULL amount on recipt of the bill.
3. There may be certain exceptions to this however when one buys items direct
   by mail order from Amex. You may be able to choose either a single payment
   or a few (3/6) monthly payments.
4. Visa/Mastercard bills may be payed off as desired ( which of course incures
   a nice piece of interest for the companies).

-- 
 [ It's not the end of the world....no it's not;
                  If it's the end of the world, well so what ? - Marti Webb ]
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||      From the keys of Richard Jeffreys ( British Citizen Overseas )      ||
||              employed by North American Philips Corporation              ||
||              @ AT&T Bell Laboratories, Naperville, Illinois              ||
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||  General disclaimer about anything and everything that I may have typed  ||
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