American Express to Cut Back Rewards Program
It was a fun ride while it lasted........
No more saving money by buying necessities with an American Express Card.
>>Membership Rewards program is scrapping some double rewards points programs and raising annual fees for some cards, The Wall Street Journal reported.
>>Customers will no longer earn double rewards for purchases made at grocery stores, drug stores and gas stations, but the credit card giant plans to implement a new double-points program for purchases made online at select retailers, the newspaper said.