American Express offering buyouts... to cardholders.

mandalay:

(via alexbalk)

I’d be interested to hear one of you financial people’s take on this. Chris maybe? -M

My guess is this won’t work because the people AmEx is likely to offer this to won’t be able to get a new credit card and do a balance transfer right now. If it does work, it sounds like a good deal for both AmEx and the consumer.

Notes

  1. reachingtheshore reblogged this from mandalay and added:
    Well this is… interesting?? All I know is that they’d have...offer me way more than $300...
  2. ericasavestheday reblogged this from alexbalk
  3. mattlehrer reblogged this from mandalay and added:
    My guess is this won’t work because the people AmEx is likely to offer this to won’t...get...
  4. mandalay reblogged this from alexbalk
  5. hellonewworld reblogged this from alexbalk
  6. alexbalk posted this