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American Express is increasing annual rates on more than one million credit cards, according to a report form Bloomberg's Elizabeth Dexheimer. The company has sent letters to affected clients, saying they pay less than cardholders with similar credit Still, as American Express has just shown, issuers can increase your You can see how long it will take you to pay off your credit card using this calculator. If you use credit cards and pay the statement balance every month, rate increases won NEW YORK — Interest rates on some American Express credit cards will be increasing The changes will have minimal impact for AmEx customers who tend to pay off their cards each month, and a good number of borrowers will ignore the notice, said NEW YORK (AP) - American Express increased interest rates on some of its Two big factors are the bank's cost of borrowing and the chance a customer may not be able to pay his or her credit card. The Federal Reserve has kept its benchmark interest Now is a critical time for small merchants to pay attention in-store card payments. Unfortunately, many small merchants are uncertain about how to best approach EMV for their businesses. Results released this week from a new American Express survey The planned increases will affect a variety of variable-rate products, including some of its proprietary and co-brand credit cards, Bloomberg quoted an American Express spokeswoman as saying. American Express could not be reached for a comment outside .
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