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Amex zeros out a credit balance

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Old Jan 25, 2021, 7:43 am
  #31  
 
Join Date: Sep 2002
Location: LAX
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Originally Posted by Zorak
I've observed this too, although in my case I *think* I benefited from it (I definitely noticed the discrepancy anyway, it might even have been in a different state). I would wonder if it was the same national retailer but it was long enough ago that I've forgotten all the details though
Someone should buy some expensive items in a state with no sales tax, return them in a ~10% sales tax state, and rub it in their faces all over social media and get their attention. Maybe that would get them to update their 1980s IT.
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Old Jan 25, 2021, 10:21 am
  #32  
 
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...there is likely a check in the mail for the amount that was zero'd out.
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Old Jan 25, 2021, 3:26 pm
  #33  
 
Join Date: May 2002
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NO CHECK IS COMING FROM AMEX IN THE MAIL. I have had credit balances in the past and know what amex writes when they send a check for a credit balance. This is a << A SMALL BALANCE WRITE-ON PURCHASE PRINCIPLE>> That is the wording and no check is coming. Quite frankly I have never heard of a "write-on" just a "write-off"
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Old Jan 25, 2021, 3:34 pm
  #34  
mia
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Originally Posted by Centurion
SMALL BALANCE WRITE-ON PURCHASE PRINCIPLE....
Thank you, this allowed me to find the previous thread discussing this process, and I have merged it into this thread. See posts 1 - 9 .
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Old Jan 25, 2021, 7:18 pm
  #35  
 
Join Date: Aug 2015
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The current balance on one of my Amex cards was $6.00 this afternoon. I made a payment of $6.36, and now it’s -$0.36. The monthly cutoff is tomorrow. I don’t think I can sleep tonight!
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