AmEx Cardholders Report Account Shutdowns

Prior to now week, experiences have surfaced that American Categorical has been shutting down accounts en masse. There have been experiences of shutdowns by the years from AmEx, so this isn’t the primary spherical of shutdowns. Although we’re not precisely certain of the rationale, primarily based on this Reddit thread, practices that AmEx could contemplate abusive have been at the least partially accountable. Why have been some accounts shut down? Primarily based on self-reports from the boards we scanned, causes for shutdowns included: Self-referrals for bank cards. Buying reward playing…