I have been with Chase over 15 years. Had a credit limit of $26K, paid balance off every month. Got letter saying credit limit being dropped to $7500 Because their records show I didnt need that much credit. I called and complained and they increased it up to $12000. This month I got online to pay the card balance only to see a $39 late payment fee. I have electronic statements which I only look at on the day I pay the bill because I only have a monthly gym membership billed to that card and dont use it for anything else. My bill is always due the 2nd or 3rd of the month. This statement showed a due date of the 1st. When I called to complain the associate pejoratively advised me that 12 does not divide into 365 evenly and that my due dates fluctuate from the 1st to the 5th. Fortunately my last 8 years of statements are available on line and I encouraged the associate to find one time in the last 8 years where my payment was due on the 1st.

After 5 mins on hold he came back on to tell me it was their mistake and in around 14 days I would get a letter from them accordingly.

Im sure this was just a calculated attempt at a $39 late fee. SO agravating having A-1 credit rating and perfect payment history and still being treated this way.

I, too, received the letter in the mail that Citi was raising the interest rate on my card (which I paid in full on time every month) to 29.99% interest. I know the interest isn't any big deal if you pay it off, but if something terrible happens and I have to carry a balance one month, near 30% interest is going to hurt.

I contacted Schwab about their Visa card. I couldn't find information about the card online. I was told that they still offer the card, but due to the high response they are no longer actively marketing the card. I spoke to a rep over the phone and he opened my brokerage account and I got approved for my Visa in just a couple of minute. Oh, and someone said that you have to have $1000 to open a brokerage account with Schwab...that's normally true, but they waived that for me since it was going to be used in conjunction with my Visa. I'm really glad I found this card and I can get rid of Citi!

In reference to the person offering the Raising Rates comment.... spoken like a true credit card account person. Not only do the credit cards charge at least 2.5% per transaction they get tax breaks on bad debts (up to 50%) they still wind up in dire straits. Sure some people abuse credit cards. I don't and pay off my each month my rates just got bumped up and placed on a vairble. If you work for a credit card you probably don't belong on this site. Try www.greedandripoff.com don't forget to get your bail out money from Obama!

I got a letter today from Schwab saying that my interest rate was about to be increased to 21.24% due to a late payment that I made this month. What happened was that I submitted my payment online over the weekend and the payment was due Monday, my payment only posted on Tuesday. My minimum payment was around $100 and I paid $4,000.

In the letter, I was given the choice to reject the rate increase but my account would be closed automatically. I just want to make you aware that this can happen to you as well. I have decided to reject the increase and close my account with Schwab.

We have a Chase Mastercard that is supposed to be 5.99% for life. They raised us to 11.99%, I called, went up the chain of command. No help for us, why? Because our payment history was too good! They said we'd have to become delinquent for them to do anything.

Bank of America took over my Merill Lynch card, canceled it, my Fidelity Rewards Cards (both the AMEX and VISA). I am disappointed that there isn't a competitor offering 2% such that I can make my car insurance payment and get a nice reward back.

I've had a Chase credit card for years and used it often, e.g.for remodeling and travel. I pay in full every month, and I currently have around 150,000 frequent flyer miles. I have not made a late payment or had other problems. When I made my cc payment at Chase Bank, they said Chase is changing their rates now. You should call and ask for a special rate. When I did, at first they said no, it is still fixed at 7%. Then they said "Oh, it was increased to 20%." The customer service clerk then went into broken record of "Nothing I can do." If I close out the card completely I lose the mileage, but I will get another card and reduce the balance accordingly. I think I better go to a credit union.

We have been Chase customer for years and years. Always pay balance in full, always on time. Just received my statement - $39.00 late fee. Called them and told them that I had written the check on 8/21 and they said they did not receive it until 9/14! "Postal service must have messed up". I paid Direct TV same day and they received payment 8/26. They would not take off the $39.00 charge. I accused them of holding the payment in order to charge late fee, which they denied. WHAT A RIP OFF - Manager said if I want to cancel be ok with them. I'm sure my next statement will reflect an increase in my interest rate. This is a scam. I have called the Attorney General's office and plan to call my congressmen.

After years of being a great customer carrying occasional balances so they make money off me, always paying on time, etc. my 9.9% rate JUMPED to 19.9%! When I called to complain they said I was a GOOD customer which is why my rate didn't jump to 21.9%! Needless to say, I'm paying off that card and dumping it. Apparently a lot of customers have called to complain. Talk about "customer no service!"

Just dumped Chase United Airlines card. Customer since '95 and paid in full every month. Missed last months payment (minimum $10)due to travel. My fault but I called to get the $39 late fee waived. Was informed that they would only consider waiving the fee after I made payment and until that time the card is suspended. Have had similar situation with AMEX and they helped without any hassel. Just sent my last payment (in full) to Chase.

My bank GMAC went defunct and FDIC kicked in. So Ally bought them. The payroll department at work had to update my deposit info when this happen otherwise payroll deposit whould of been rejected. 2 weeks later Ally final tells me this. So because of this experience I wanted to make sure the payment goes through when I paid chase BP credit card. This month I had to pay with my savings (which is Ally) not my normal bank. I always fully pay of my cards.

So I enter the new routing info online and had it paid on the due date. I get a e-mail saying it posted a day after the due date from chase. Well a week after the due day I get an e-mail saying I have a low balance. I have this set-up. So I think crap my payment must of been reversed. I check online sure enough the day before they had rejected it. I get a $39 dollar late fee, a $39 dollar return payment fee, and $14 dollars in interest. (I will get a few more dollars of interest for the days in another statement period). This for a $960 dollar payment.

I call chase to find out why and they said it was rejected, on a wrong routing number. Sure enough, I mistakenly entered a number twice, 11 instead of 41. I had triple checked it but I never have been good a data entry and was tired.

I explain how my bank got bought out and I wanted to insure it went through. I ask to reverse the charge, no. I fight about the rejected payment saying my data entry error should not get the $39 fee, no. I pay the amount off after I get off the phone. I am leaving Chase for good now.

I admit I made a mistake but almost 10% of the amount for what will be about 8 days late (took six days for the payment to be reversed then a day for me to find out), that is robbery. On an annual bases that is about a 450% interest rate.

To make it worse, I recently moved and I had update my phone. Well they call to tell me it was reversed the day after but they call my old home number, one I do not even have in my profile any more. They do not bother to call any of the three contract numbers I had updated online. So if I had not gotten the e-mail I would of had a few more days of not knowing and extra interest. Chase will send me an e-mail if I set it up when my payment post, or low balance, but not when I get late and return fees and do not bother calling any of the correct numbers I gave them. Talk about piss poor customer service. Lesson, do not use Chase, cancel your cards if you still have them.

Yup, Amex is extorting me too! Thanks to their "global change", and after a thoroughly pleasant 30 minutes on the phone with both an Agent, Supervisor, and Manager they refuse to allow me to opt out of the rate increase or freeze the rate while I pay it off. Nice. They pleaded with me to wait until AFTER the rate increase and then see "what new options we can offer to you". Real, real nice. What a bunch of ****oles. 20 years with Amex.... GOODBYE!

Sept 2 Clark had a call on a business man who had a big box store card cancel. It's not b/c of his credit, it's b/c he paid off his card every month. They weren't making any money off of him. That happened to my dh too. The company could give no reason for the cancellation. We now tell others to leave a tiny bit on each month, not pay off completely...

I just received the "Chase privacy Policy" and I quote, "Even if you do tell us not to share, we may share other types of information within our family. For example, we may share name and address, information about transactions or balances with us as well as survey results."
I think I'll dump chase!

I recieved my Schwab Visa and applied for my Schwab One Account. Now for the rest of the story. The Schwab One Account requires a $1000.00 minimum to open the account or $100.00 per month automatic deduction from a checking or savings account. Since Clark failed to mention that piece of information I thought it would be nice to let everyone else know. A 2% cash back is nice but I don't have the extra $1000.00. I guess I will settle for my 1% cash back I currently get. information from Clark.

AmerExpBlue is also reducing lines of credit, I have it reduced twice now, seem like it get reduced to about $200 above what I owe. I is now gone into the shredder, never to return again

Do the Credit card companies take into account a customers credit score? My latest score was 806, I have a Chase Visa card and have never had a problem, I also have a couple of Discover Cards and again, no problems. Once I transpossed the cents amount on my check which lest a very small balance with a monthly charge. I called and they gladly wrote off the extra charge. I also pay my cards off each month in full, maybe that makes a difference.

Chase also closed my account for no reason. I've always paid on time and also paid more than the minimum amount. To add insult to injury, they also raised my interest rate to 29.9%. I called to ask them to work with me but they refused, so I closed the account. I know my credit rating will take a hit but I feel this step was needed. Wasn't Chase Manhattan Bank one of the banks that took bailout money from us taxpayers? Isn't there anything Congress can do about Chase?

We have a Chase card we kept for emergencies, with 11,000 unused credit. They cut the credit line to 800.00. When I complained, they cut it to 400.00. too bad our mortgage is also with them. Thank heavens they can't change the low interest rate on that.

AMEX & COSTCO DID NOT GAVE ME MY TRUE EARNING REBATE OF $90.09 2008

After reading these comments all I can say is thank God my Visa is through my credit union.

We have a Citibank Master Card. A year or so ago they raised the rate from 7.99 to 13.99%. Recently, they raised the rate to 29.99%! We have always paid on time, and feel that we are being abused. We opted out, and keep the old interest rate until we pay it off. This closes the account, but good riddance.

Just paid off my bankruptcy, chapter 13, the realtor/lender/owner won't accept no for us to move into house, but have no scores on credit. This is keeping me from getting any credit, can anyone give me some advice? even gas cards say no, so what give? tks, Bless all!

Well, Chase decided to do me a "favor" last month by cancelling my previously WaMu card... and this statement they raised my APR just before they cancelled me!

Here's one for you. I have had the same Capital One card for several years and have always paid statement balances when due in full, until recently. We ran into some cash flow problem and so I was carrying a $3600 balance. After making several payments of $500 - 750 I made a $2500 payment on the account and the card was being declined. When I called to inquire I was told that there was a hold placed on the payment.???. Capital One had the money, it had been deducted from my checking account the night before....so I had to talk to three different people to have the hold on my payment lifted. Never have I heard of that, especially when they have the money and the account had been credited (as per the automated account person).

I'm searching for a new card to replace my Amex Blue, too. I've been a customer since they introduced Blue, never a late payment, and now they want me to pay 18%+ interest? No, thanks. They just lost a very loyal customer.

Got my letter today informing me that due to the economy, American Express is removing (on all cards) the fixed APR and making it prime + 6.99% on all purchases. GOD FORBID if you have a late payment, your balance then gets over 27% interest. I've used AmEx for 6 years now, love their service and perks, but I will not maintain a card like this. Luckily we can pay off our low balance and are not stuck. I called to complain, the representative said they've been hearing lots of "feedback" on the changes from customers. Clark-you may want to remove this from your top pick!

I had the Citi fixed at 3 for "life of loan". I took up the offer in late 2004, used an auto pay through CITI to take the min every month, i figure they have lost around 10% up to 50% due to inflation and I intend to make sure they loose as much money as possible on there "investment". I figure if the gov't UNDERREPORTS inflation (and they have a big incentive to do so) I am going to "make" more. You guys need to work the system better.

Between my husband and I we have 6 credit cards, have not carried a balance in at least 6 years and have not been cancelled or refused another card. The credit card companies still make money on your purchases even if you don't carry a balance.

Wow! What a surprise in the mail today. Got a letter from them changing my fixed rate to variable (a little over 15%) because of our changing economy. I've had this card for over 5 years and never late and rarely carry a balance. Thank goodness I don't have a balance now with them. Well, I am one of those going bye-bye! and closing this account.

We don't use cards as a rule and pay them off each month. It is nice to get the 5% reward for gas purchases (at stand alone gas stations) using the Costco Amex TrueEarning Card. 3% on travel. We also use USAA Mastercard with 1 1/2% return. Other than that we hate debt.

Have never had any problems with any card. Just obtain a card with no annual fee and always pay it off every month.Dosen't matter what the interest rate is. Only charge what you can pay monthly, float that amount until due for free and pay it off. Don't understand all the complaining,

It's irresponsible use of credit that got us into this mess, not the government. The credit card companies are in business to make money, and they are merely taking advantage of the "gotta have it now" mentality we've been in for many years. We're the suckers and the culprits. The thing that really torques me off is we've personally been responsible with our credit and money, and we're now having to carry the load of the irresponsible who have probably learned nothing throughout this mess, except what they've always thought.....somebody else will bail them out, and that somebody is me and you.

CJ is right this mess was created by Congress. When will we Americans wake up and demand term limits. A congressional position was never meant to lead to retirement.

My husband & I have credit scores over 800, have always paid our bills on time never once being late and have never exceeded the credit limit. We've had an acct with Capital one for over 15 years and were always on a fixed rate of 8.9 + I always liked them because they do not have a balance transfer fee like most of the others. With no reasonable explanation they raised our rate from to 17.9% two months ago. When I inquired and protested, I was told there was nothing they could do. They were not helpful at all and evaded the issue almost to the point of being uncaring and rude. So right after that we opened an acct at our credit union and paid off the Capital One balance in full 30 days before the payment was due. Their rate was considerably lower at 9.9 for those with impeccable credit plus they guarantee the rate will stay fixed forever and they did not charge a balance transfer fee. So after I paid off Capital One, I recently got a bill from them for interest of $135. In other words, they still charged interest even though the account was paid in full 30 days before it was due! Beware, those who now have Capital One cards. It will change! Chase did the same with one of our accts -- raised the interest rate from 7.99 to 13.99 but at least gave us the option of not agreeing to the new terms & just to pay off the balance at 7.99 and cancel the card. Then, we rec'd a notice from AMEX Blue yesterday that they have now changed from a fixed to a variable rate so our monthly rate is 11.99 but who knows what it will be in the future? Again, beware of them. I cannot understand why these credit card companies are penalizing GOOD customers. One problem is that in the past they issued credit to just about anyone and now these people aren't paying their bills so we have to suffer for it. Of course, like cj says below, Congress is to blame for all the mess we're in as well. We plan to go on Dave Ramsey's plan and get debt free but it's hard when these credit card companies keep increasing their rates and changing their terms.

I had and have several cards . . . Chase is one of the worst . . . they raise your rate (all payments have been made on time) and then cancel you leaving you with the higher rate to pay off . . . tired of playing the credit issuers games? . . . SIMPLY STOP PAYING, as over 20% of credit card holders have done . . . and the card I stopped paying first . . . Chase, of course!

Too bad you didn't tell people how Chase raised their min. payment from 2% to 5%. Almost tripled my min. payment. And I've been a customer without missing a payment, frequently paying balance off, for almost 25 yrs.

Mt Card has 0% for life.
I don't have one and don't play their games.

I've had a CitiBank credit card since 1973 previously with a flat prime rate, always paid ahead of time and significantly more than the minimum balance with outstandings never in excess of of 20% of line.

CitiBank recently raised my rate to 7.99% over prime and a floor rate of 13.99% even when the prime rate is 3.25%. They told me "that I was lucky to still have a credit line with CitiBank and that they were cancelling most accounts."

I've had no problems with Capital One or Bank of America, where I have other Credit Cards and higher lines.

I am surprised that one of the best credit cards was not mentioned. While it is only available to USAA Members, the USAA Savings Bank MasterCard is excellent. If you are current or former military, check it out at USAA.com

You newsletter came this morning and I read all the negative reports on Chase thinking that I had dodged the bullet. With a 0 balance and a perfect payment record on the two accounts with them, I really felt immune to their tactics. Then the mail came. Chase had reduced my credit to below 20% of my original credit worthiness. What company will be next?

I have 3 cards with annual fees. Two are paid off, 1 more almost done. I was told if you cancelled your cards after paying off, your credit score will go down?? Who wants to pay an annual fee of $60 is you dont want to use these cards anymore! Please advise.

Check your local credit union for deals. My credit union has a Visa card that gives you 1% back on purchases, has a fixed 11.99% rate, same rate for cash advances, no annual fee, and doesn't charge for late payments. Not a bad deal. You do need to open a share (savings) account with them and have $100 in the account. That's not too much of a requirement to have an open credit line for more than the savings account--it's not a secured Visa.

i also love this card...monthly cash rebates right off your bill! they also have good longterm CD rates and i was approved for a $19,000 car loan at the end of the card application process :)

My husband had pretty good credit until I took over and now he has awesome credit!

Then suddenly the companies started raising the interest rates. I told them all, especially Discover, that I was would pay off the balances then pay cash if they didn't work with me.

The last time Discover wouldn't budge, three years ago, I paid off my $5000+ balance so they knew I wasn't kidding....Well, they didn't, I did. On all 5 cards!! No more balances!

AND Discover keeps mailing me those checks for cash. I rip them up and mail them back the pieces. Tough!

Chase took over my card from WAMU. I have NEVER been late, usually keep a low balance but sometimes make large purchases and pay over time. In July Chase rasied my interest rate. Unfortunately, I did not cancel the account and now chase has closed the account withg the high rate locked in.

These credit card companies are all legal thieves.. I had cards at 5.99, 6.99,7.99% When the so called recession hit they went to 12.99.,to 14.99.. these crooks are getting money at 0% to 3& and raising there rates(doesn't make any sense) I have a home equity loan with Bank America at 2.74% don;t you know they will jump on me good if I default or make a late payment.. The Obama change people should have let these crooked banks go under and start all over again look how quick they came back?? Whats up with that?? And this cash for clunkers is an even bigger JOKE!!! only car dealers making money ,.. consumer getting fooled.. Let them go bankrupt too!! AIG getting ready to pay bonus again too!! All these major Corps and their boards fo directors need to be replaced.. My wife says I'd better stop .. I could go on an on..A Proud American (not so proud of way things are) Volunteer for service T/SGT USAF 1951-1955 Korean war( Another one we did not get to finish.

Love this card. Thanks Clark

Ladies and Gentlemen, In my opinion, which is based upon 31 years of dealing with these "organizations" I have found them to be legalized mafiosi. At least with loan sharks and the mafiosi, you know what is going to happen (quickly). Crooks! All of them! I tell you, THEY ARE ALL CROOKS! Their crooked ways have landed us all in a living hell! Stay away from them. What do you think Jesus would tell you? What would HE do? (NEITHER A BORROWER NOR A LENDER BE!)

I just read somebody's post: "Pentagon Federal Credit Union Visa Platinum has the best card with a 13.99% fixed APR"

That's good? Between my wife and I, I have four credit cards (only one with a balance) and none of them have an interest rate within 4% of yours.

I've been a Capital One card holder for at least 23yrs. and have never had a problem. I pay in full every month and have never paid a penny of interest. I've even charged a car and several surgeries. When I charged the car, I had to call and request a short-term upgrade to my credit limit. They did that for me, I paid for the car that day by credit card, sent a check to Capital One and that was it!Transaction completed very easily. I've also traveled to Europe, Israel, cross country many times and taken a cruise on my points..never a problem! I've checked other credit card cos. and I've decided to stick w/C/O and glad I did. Many of my friends & family now use them
because of my contentedness.

If you want to learn about what kind of credit card company Chase is, go to Consumeraffairs.com. The worst.

I started banking with BOA in the late 80s
and have never had a problem. I no longer
bank with BOA for convenience reasons but I still use their credit card. Maybe
I haven't had problems because I pay in
full every month and pay on time!

Pentagon Federal Credit Union Visa Platinum has the best card with a 13.99% fixed APR, 5% cash back on gas purchases at the pump, 2% cash back on supermarket purchases and the cash is credited each month. They just raised my credit limit to $50,000. Balance transfer offer of 2.9% for the life of the the transferred balance.

I really like the Amazon VISA card. It has a rewards program that pretty regularly sends me a $25 gift certificate to use on their site. Amazon's site includes many other vendors and sellers and I've found that typically I can get things for less than buying locally. I recently bought an HP computer and got it for $100 less than any of the sales locally. Because I'm a regular shopper, I most always get free shipping.

Though under the covers it's really a Chase card, I have no issues - I don't ever carry a balance.

Can't believe nobody has mentions paypal cash back. I use it ang get back 1.5 percent back with every purchase as soon as I use it. That adds up to fast

I opened an account with Bank of America about less than a year ago. They had a 0% APR intro offer that would end this coming September. I transfered a balance from another account to my B of A one and started making payments. They kept on changing the payment due date and one day I paid 24 hours late. They raised the APR immediately and when I tried to talk to a customer service rep "Mike", he was as rude as he could!!! I was outraged, as this was my first time late on a payment. Needless to say, I am paying as much as a I can every month to finish my debt and burn that credit card - ah, and close the account. I would stay with Blue and Gold from American Express. You do your thing and they are fine.

I used Clark's "laddering" technique to pay all of these "customer no service" creeps off!! (Most recently Sears Citibank visa) I am now free of CC debt.! I have joined a credit union, and soon will be free of these mega bank creepos.

Chase is the WORST. Followed closely by Capital One. Capital One sent notice of a huge raise in rates...I have NEVER been late with a payment. I had no choice but to close this account. Shortly afterward I went on vacation and my CHASE card was declined at the hotel. Once again, I have NEVER been late, in fact I carry a very small balance. Called Customer Service and Chase had CLOSED MY ACCOUNT without any notice to me. They claimed a letter had been sent, but I never received one. I have worked hard to rebuild my credit to a good score and this is how I am treated?! It would be better to never use credit just so we don't have to deal with these SHARKS.

I can't believe this. I was just getting online to find out what to do when a credit card company raises your interest rate to an ungodly amt for no reason. Chase did this identical thing to me. I cannot belive that this is what they're doing to their customers across the board! How outrageous!

Anyone who uses Chase is asking to be screwed. This is the greediest credit card company I have ever dealt with. I will never use Chase for anything again!

It does appear that Chase has taken the spot of the top bank in screwing their customers. Not sure what market Chase is after, but I sure does not appear to be people who pay their bills on time, pay more than minimum payment and carry a balance under 30% of their limit. My old Wamu card, now Chase had my credit limit cut in half for no reason. I think that they are nuts and although it will hurt my credit score, I am closing this account because it is clear that this bank is run by fools.

I don't get it: What is so great about the Blue (card) from American Express? The APR, like virtually every card, varies from person to person and the reward points earned are 1 for every 100 in spending (with 2500 reward points needed to earn a $25 AmEx gift card). 1% reward cards are a dime a dozen...Combine that with the reality that few, and not the majority, of American businesses accept American Express and this card is junk. Schwab, PenFed, Fidelity, and (the available online only) Associated Bank Visa cards top the Blue from American Express card any day.

I have a fixed 2.9% - that's right fixed 2.9% on my current balance ($9.33 interest a month). But if I use my card at all, everything switches to a 17.99 % rate. I recently got them to lower to that from 19.99% but not lower. Never been late or made a payment less than the minimum. Go figure. Will I use the card? Never.

I bought a sleep number bed because of chronic back pain. I was denied the "good credit" interest rate and was put in for the 26% rate card with some obscure company. I then received a WaMu application offering 0% on balance transfers for 12mos. I signed on and transferred the balance. After 1 yr the rate increased to 11.99% I made more than the minimum payments til I lost my job and went back to school full-time. I then got a job part-time within the month and was able to continue the more than the minimum payments. Never missing a payment. Then WaMu was bought by Chase and I was notified that my rate would be increased to 29%. I called and was told that there was no way they would lower the rate. I could, tho, close my account and continue with the 14.99%. I had no choice really; I closed the account. When the economy finally gets going again, I hope we all remember how Chase beat us when we were down and hurting. Their greed is inhumane; may it come back to them 10 fold.

A chase employee accessed my account and changed my mailing address to his. I found him on Google and reported him. Fortunately I caught this before he could do any damage but it makes me wonder what other info he has about me. He was a Chase IT guy.

I had a WaMu card they took a chance on me and gave me a 14.99% interest rate. I requested a lower rate because of my timeliness and extra payment every month they changed it to 11.99%! Chase took over and changed my interest rate to 21.99%!!! I called, tried to set up arrangements, told them I wasn't going to pay a dime until they lowered my interest rate. They would NOT give in. I filed a complaint with the OCC.gov after hearing about it on Clark's Sirius Radio show. I rec'd a phone call from some lady in administration. I agreed to close my account and continue to pay on it if they would take my interest rate back to 11.99%. Not only did she agree to that, it actually got taken down to 11.24% and they credited my account the difference for the previous 3 months of the high interest rate. I will NEVER do business with Chase again in my lifetime. I know people with excellent credit that refuse to have credit cards with Chase. They are greedy and not customer service oriented.

Pentagon federal credit union is by far the best credit card I get 5% on groceries 2% on gas and everything else 1.25% and they give the cash back every month

Stay away from Chase...company reflects total greed. customer service at its worst. You cannot trust any agreement with them...they simply change their terms.

I'm still mad at Schwab because of their High Yield Plus fund. I was in the process of closing all my Schwab accounts until this Schwab Visa came along. I decided to keep one account open. With the extra 0.5% rebate compared to my last card, it will take me about 100 years to make up my lost money.

Anyway, the Schwab Visa card is quite superior because of the monthly rebate payments. AMEX Costco pays once per year.

Something screwy with the American Express Blue Card? I have had the gold card for about 12 years without a problem. I have applied for the blue card three times and I've been turned down on each occasion. Go figure???