Does anyone know of a site on the net where AmEx customers have come together to complain or at least contribute anecdotes so we can get an overall feel of how many customers this is really affecting?
If venture capitalists are getting their purchases denied, this concerns me as a small business owner because I depend on my amex card more than anything else to make purchases for my business and having my buyer protection and ability to make large purchases disappear would be pretty devastating. Buying goods like computers and furniture from multiple vendors with cash out of my bank account is an awful idea that should make anyone uneasy, business owner or not.
And if AmEx is actively shutting their largest and most high-profile accounts down, I'm not sure how easy it would be to get a new "unlimited" line of credit in this environment, with AmEx or any other company.
If venture capitalists are getting their purchases denied, this concerns me as a small business owner because I depend on my amex card more than anything else to make purchases for my business and having my buyer protection and ability to make large purchases disappear would be pretty devastating. Buying goods like computers and furniture from multiple vendors with cash out of my bank account is an awful idea that should make anyone uneasy, business owner or not.
And if AmEx is actively shutting their largest and most high-profile accounts down, I'm not sure how easy it would be to get a new "unlimited" line of credit in this environment, with AmEx or any other company.