American Express Solicitation

[mikefixac]

Anyone else get this?

I get the application for American Express on avg. once per week. It can't be cheap. I'd think it must cost the company at least a dollar per mailing.

You'd think after the 10th non response they might give up.

[Smokystache]

I often feel the same way, but then I remember this:

The average household with revolving credit card debt carried a balance of $6,885 as of June 2016 and pays $1,292 a year in interest, assuming an annual percentage rate of 18.76%.

Today, the average household with credit card debt has balances totaling $16,061...

https://www.nerdwallet.com/blog/average-credit-card-debt-household/

[FIRE me]

Anyone else get this?

I get the application for American Express on avg. once per week. It can't be cheap. I'd think it must cost the company at least a dollar per mailing.

You'd think after the 10th non response they might give up.

You can opt out of unsolicited credit card offers.
From:
https://www.consumer.ftc.gov/articles/0262-stopping-unsolicited-mail-phone-calls-and-email

"If you decide that you don't want to receive prescreened offers of credit and insurance, you have two choices: You can opt out of receiving them for five years or opt out of receiving them permanently.

To opt out for five years: Call toll-free 1-888-5-OPT-OUT (1-888-567-8688) or visit www.optoutprescreen.com. The phone number and website are operated by the major consumer reporting companies.

To opt out permanently: You may begin the permanent Opt-Out process online at www.optoutprescreen.com. To complete your request, you must return the signed Permanent Opt-Out Election form, which will be provided after you initiate your online request."