Originally Posted by
notquiteaff
I agree that that might be a concern they could have. But that’s not what they cited as a reason for the closure, unless there are some regulatory guidelines about who can pay from what account for a credit card balance.
"We are writing to inform you that after a recent review of yourAmerican Express® account(s)referenced above, we have cancelled the account(s) based on adherence to regulatory guidelines."
Can't Amex have their own internal "regulatory guidelines"...does it have to Federal or government?