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Originally Posted by Afrekete
Same here. I assumed that Amex was for businesses or business-people who generally planned on paying it off every month, not carrying a balance, and taking advantage of the rewards.
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I am not encouraging nor condoning the use of credit cards as a means of carrying debt. I am mearly pointing out that I believe there are better, cheaper options available from Visa and MasterCard, yet people with low self-esteem appear to grab an AMEX due to the product's branding.