American Express Changes: $25 Reopening Fee, Negative Change To Late Payment & More

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American Express has included some changes that have been communicated to cardholders via their monthly statements. The changes are as follows:

  • $25 fee if your account is cancelled and you ask American Express to reopen it and American Express does so
  • Negative change to forfeiting points due to late payment: ‘must receive your  payment of the Amount Due on your Linked Account by the Payment Due Date for a billing period, instead of by the Closing Date of the next billing period, in order for you to avoid forfeiting the points that you would have earned for that billing period.’
  • Old blue cash cardholders will no longer be able to redeem rewards dollars for gift cards or merchandise (not sure why you’d want to do this anyway as you can do statement credit)

Hat tip to Travel With Grant





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