FlyerTalk Forums - View Single Post - Changes for AMEX Sweden Customers

Oct 25, 2018, 12:35 pm

#3

CPH-Flyer

FlyerTalk Evangelist

Join Date: Jul 2011

Location: Tokyo

Programs: JAL Metal Card (OWE), SAS Eurobonus Gold (*G), Marriott Titanium (LTP), Tokyu Hotels Platinum

Posts: 21,164

Quote:

Originally Posted by fassy

Oh, and I spotted something very sneaky:

That is nasty! It should be the other way around, they settle for the full amount and if you want to pay just a part of it, adjust the payment. I see a lot of people falling into that trap and pay horrendous amounts of interest for their very first invoice, or even several until they actually get around to call AMEX and ask them to settle the full amount each month.

And the yearly fee has been increased by 20 SEK, e.g. for the Elite card from 4 000 SEK/year to 4 020 SEK/year. Not worth making a fuss about, but... well... they could make it a bit more obvious.

Revolving payments is what really generates the profits for the credit card companies, so hardly surprising that they try this.

Reply