Another Credit Card Fee Is About to Fly – ABC News.
Pay your bill on time or forfeit the miles or points you thought you earned for making purchases on your card during that month.
To get the rewards back, it’s going to cost you.
American Express Co. is sending notices to customers who hold its cobranded cards with Delta Air Lines, JetBlue, Hilton Hotels and Starwood Hotels, that beginning in January rewards won’t be transferred to loyalty accounts with those partners if you are late paying your bill.
You’ll be hit with a $29 reinstatement fee if you want the rewards back. That fee is on top of the late-payment fee — $19 or $38 depending on your balance. A penalty interest rate, currently 27 percent, would be assessed on future balances.
Who else wants to make $100,000 per year – working from home ?
10:22, 16.03.2010
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