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Diners confiscating points for late payments
Diners Club is the latest card issuer to make its "Club Rewards" points subject to forfeiture for missing the payment deadline. Effective with the July billing cycle, cardholders will forfeit points if they fail to make the minimum payment within two billing cycles of the statement date.
http://www.cardweb.com/cardtrak/news/2003/june/19a.html |
AMEX does also
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Right, but jonesing didn't say "only." He/she said "latest." AmEx has had that policy for years.
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Is this really a new policy at Diners? Or was the previous policy just to freeze your points until you paid, then credit them?
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