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Diners confiscating points for late payments

Diners confiscating points for late payments

Old Jun 20, 03, 3:42 pm
  #1  
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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
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Old Jun 20, 03, 3:44 pm
  #2  
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AMEX does also
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Old Jun 20, 03, 4:08 pm
  #3  
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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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Old Jun 21, 03, 10:24 am
  #4  
nsx
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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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