Originally Posted by
Keyser
They state they can change the terms whenever they want. We agreed to their terms when we took the card. There is no illegality in their contract terms. So it gives them the ability to change whatever they want, whenever they want. Not the most ethical thing in the world but certainly not illegal.
At best, we might have a case that all points earned prior to the devaluation date should convert at 5:4, irrespective of when they post. But then again, there is always the possibility that the court will say that we agreed to their terms when they said bonus points will post after a certain delay & we also agreed with the fact that they had the ability to change the terms whenever they wanted.
The issue is with the 5:4 payout 3-4 months later. They're giving us 1 month notice for the other changes and that's absolutely fine. And yeah I get those arguments. Every one sided contract has those weasel out clauses which allows one party to do basically anything and the customer has to put up with it. However there would be a limit to what would be acceptable. While I'm sure you understand these matters far better than I do, a lot of these large companies from Microsoft to Marriott have found out that the "because I said so" ToS doesn't have very strong legal standing.