I'm going to stand by my opinion that Amex is not going to extend themselves any farther into the "credit" card business ie: don't expect CLI and expect more F/R for these cardholders. My personal experience with my F/R back in April was that just my "credit" card was frozen, I was free to charge away on my 4 charge-cards while the F/R process was taking its course. Some points of interest below.

WSJ
Kenneth Chenault, AmEx chairman and chief executive, acknowledges that the company flooded customers with too much credit, and that taking some of it away now could anger people. Once the current crisis passes, though, the company's return to its traditional strategy of focusing on charge cards for the wealthy will pay off, Mr. Chenault predicts.



From an interview with AmEx CEO, Kenneth Chenault, in the current issue of Fortune Magazine:

We’re doing a “back to the future” on the charge card. That’s our pay-in-full product at the end of 30 days. Consumers want discipline, and if we can bring that discipline of paying in full at the end of the month along with the service levels that we provide, plus the rewards and other programs we have, we think that’s a tremendous opportunity for us to grow.