Amex Credit Card Complaint

APR or interest rate

Amex Credit card department,

APR or interest rate Florida

In - 2016 I received a letter from American Express ( Amex ) indicating that beginning - -, 2016 the APR % rate would rise to 14.49 % for purchases going forward. I called the - number listed on the letter to ask whether the increase would be to the Fed Gov't raising the interest rates and I was advised yes and I also asked if I would be able to negotiate the APR % at that time and I was further advised yes. I thought no more of it until -/-/- when I received my statement to indicate the increase in the APR % rate and again I called the - number and spoke to - women in - who were - very rude and was advised I should seek " credit counseling and I would not be able to negotiate the APR % rate at that time ''. I then wrote to Senator - in - indicating my story and my phone calls and asking for his help. I did in turn copy Amex as well as - - of the Fed Reserve in -, - Just today I had another conversation with - a supervisor in the - I.D . # - indicating that he would not negotiate with me at this time. I then asked if in the future I would be able to negotiate the interest rate and he further advised " no ''. Disgusted yes, most definitely because earlier in the day I spoke to an - again in - ( I did not get an ID # ) and he indicated he would give me -/-/- APR % of $54.00 as a credit. - indicated that there WERE NO NOTES ON THIS CONVERSATION I HAD WITH - THIS AM.!!!!!!!

Amex customer in Florida
Apr 26, 2016

* Source: CFPB Complaint Database

Amex response to complaint:
Closed with explanation

Created with Highcharts 4.2.3AmexComplaint HistoryComplaints12/20111/20122/20123/20124/20125/20126/20127/20128/20129/201210/201211/201212/20121/20132/20133/20134/20135/20137/20138/20139/201310/201311/201312/20131/20142/20143/20144/20145/20146/20148/20149/201410/201411/201412/20141/20152/20153/20154/20155/20156/20157/20158/20159/201510/201511/201512/20151/20162/20163/20164/20168/20161/20170246810Source: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3AmexAPR or interest rate72.9%12.2%7.4%7.4%Closed with explanationClosed with monetary reliefClosed with non-monetary reliefClosed without reliefSource: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3National AverageAPR or interest rate0.7%48.7%24.3%9.2%7.5%9.3%0.2%0.1%ClosedClosed with explanationClosed with monetary reliefClosed with non-monetary reliefClosed with reliefClosed without reliefIn progressUntimely responseSource: Consumer Financial Protection Bureau

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Contact Amex

https://www.americanexpress.com/
800-528-4800
P.O.Box 981540
El Paso TX 79998
Amex
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