Update: For more discussion about this change, check out this Doctor of Credit post and this Reddit thread.
Good morning everyone. I was reviewing my American Express credit card statements last night and I noticed an update to the program terms printed on my American Express Everyday Credit Card statement. Effective November 1, American Express has the ability to temporarily suspend your ability to earn and redeem American Express Membership Reward Points if they suspect that you are abusing, misusing, or gaming their rewards program. Further down on the program terms update, American Express also lists possible actions they may take to your credit cards:
- Take away any points in your program account
- Temporarily suspend your ability to redeem points
- Temporarily suspend your ability to earn points
- Cancel your program account
- Cancel any of your American Express Cards
I am not sure if this is much different than getting an American Express Financial Review, but it sounds serious. Who knows how American Express will enforce these new program terms, but here is the complete program terms update for you to read:





