Your reading too heavy into my blog . Amex is taking a hard look at credit scores and putting them in groups . A 720 beacon combined with a perfect record of habitual spending and prompt payback is today's perfect customer. Retailer fees are the new source of income for Amex , more so than direct consumer fees. However a 719 score gets grouped with the 680s to 719s which puts this Amex customer into a higher interest rate and a strict limit on available credit despite past payback history . 720 customers are the least likely to default . Amex prefers this group over the highest of 825 plus because those customers usually dont generate any interest fees .
Listen to Joey , he knows !