Amex Cardholders Report Account Shutdowns

In the past week, reports have surfaced that American Express has been shutting down accounts en masse. There have been reports of shutdowns through the years from AmEx, so this isn’t the first round of shutdowns. Though we’re not exactly sure of the reason, based on this Reddit thread, practices that AmEx may consider abusive... Elina Geller is a writer at NerdWallet.

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