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2016-01-26

  • haoafu commented on Grahamites's article 01-26 07:53
    Some Thoughts on American Express
    American Express (AXP) made news on Thursday with the announcement of a disappointing outlook for 2016 and 2017 as well as the more challenging...
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    haoafu 01-26 07:53
    • I have all the major brand credit cards. I use AMEX cards especially when I'm concerned about the safety of the transaction - travelling oversea, paying contracter for home jobs... 

      If the rewards points are comparable, I always use AMEX card for its exceptional customer service.

      It seems to me other credit card companies are lowering price to compete and taking market shares. It's usually smart to stay away from this, just like what Buffet did for his insurance companies(leaving the market during price war).
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