Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP
Posting-Version: version B 2.10.PCS 1/10/84; site mtgzz.UUCP
Path: utzoo!watmath!clyde!burl!ulysses!mhuxr!mhuxt!houxm!ihnp4!drutx!mtuxo!mtgzz!seb
From: seb@mtgzz.UUCP (s.e.badian)
Newsgroups: net.consumers
Subject: Re: Amex card fees
Message-ID: <911@mtgzz.UUCP>
Date: Mon, 8-Jul-85 14:05:28 EDT
Article-I.D.: mtgzz.911
Posted: Mon Jul  8 14:05:28 1985
Date-Received: Tue, 9-Jul-85 06:15:29 EDT
References: <5946@duke.UUCP> <465@grkermi.UUCP> <1485@utah-gr.UUCP> <>, <738@udenva.UUCP>
Organization: AT&T Information Systems Labs, Middletown NJ
Lines: 12


	This does not apply to the green card since you can't run a 
balance. The gold card may cost more, but the current interest rate
for balances on the gold is quite low. If you run big balances, this
could make a big difference to you. You pay $65 up front for the card
but you only pay an annual rate of 14% on your balance. When you
consider that most credit cards charge you over 19% this is a pretty
good. I don't know that the 14% interest rate is true for all gold
cards though since you get your credit line through you own bank.

Sharon Badian
ihnp4!mtgzz!seb