FlyerTalk Forums - View Single Post - plat changes; increase fees; int rates; shortened payment schedule
Thread: plat changes; increase fees; int rates; shortened payment schedule
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Old Nov 6, 2008, 2:05 pm
  #12  
ryan182
 
Join Date: Jul 2004
Location: SNA
Programs: AA EXP, UA 1K (until it expires then never again), *wood Plat, Marriott Gold
Posts: 9,239
The FOREX change is redonkulous, I mean it was bad enough that there are some cards that only charge 1% and AMEX did 2% but to jack it to just about 3% is wrong.

FWIW the other cards that charge 2% its my understanding its 1%->Issuer and 1%->Visa/MC, which is why some cards only do 1% which is just paying the Visa/MC fee so with this change since Amex is the issuer and the processor if you will they are grabbing 2.7% vs 1% on Visa/MC. Thats over the top.
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