FlyerTalk Forums - View Single Post - Late Payments=Forfeit Points (AMEX)
Thread: Late Payments=Forfeit Points (AMEX)
View Single Post
Old Nov 19, 2009 | 7:18 pm
  #5  
sbm12
A FlyerTalk Posting Legend
10 Countries Visited20 Countries Visited30 Countries Visited20 Years on Site
 
Join Date: Apr 2001
Location: PSM
Posts: 69,232
Originally Posted by maracle
It's been true with membership rewards but I don't know of any card that has done the same for miles with other airlines.
Correct. AmEx actually announced this a while ago, IIRC, and they're just bringing their credit products in line with their charge products. Of course, on the charge side you can buy the points back for a fixed fee and they only really go missing after the second month, but it is the same general concept.

I don't really have much of a problem with this. The points are a reward that you get for doing business with the company. If you are a bad customer (=don't pay on time) then they take away the reward.

So where's the problem?
sbm12 is offline  
Reply