Amex Prepaid Card Complaint

Gift or merchant card Fees

Amex Prepaid card department,

Gift or merchant card Illinois

Amex - prepaid cards charge the card holder $3.00 per month re regardless of balance after 6 months of issuance. This is seems to violate usery and common sense. The longer Amex has use of the funds the more they make on the unclaimed balances on these cards. Charging $36.00 in fees annually on a $50.00 gift card is obscene and lacks any ethical justifications.

Amex customer in Illinois
Oct 03, 2016

* Source: CFPB Complaint Database

Amex response to complaint:
Closed with explanation

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Contact Amex

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

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