Best Answer

Any businesses have a right to determine what they charge. It is then the consumer's right to decide whether to do business with these businesses based on the charge. So, if the company is charging a ridiculous rate, it will be likely that they will not have the volume of business. With credit card, it is a contract you sign with them. In the legal fine print, I am sure you will find that this right was stated and signed off by their customers.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Did American express have the right to raise rates?
Write your answer...
Still have questions?
magnify glass
Related questions

Will a traffic ticket for cutting corners raise your insurance rates?

A traffic ticket could raise your insurance rates. It won't raise them right away, but may come into play when the insurance is being renewed.

How does one contact merchant services at American Express?

Accessing the American Express website allows you to contact merchant services. On their website there is a link in the top right corner for merchant services.

Does Belks and bed bath and beyond accept American express?

Nicole montelone will know it as shes in bed right now with lishy

American express 11 Rue Scribe Paris?

It is at 11 Rue Scribe, across from the opera house and Galleries Lafayette. Do not go to the currency exchange office located on the same floor and the most noticeable. American Express is toward the back on the right side as you enter.

Dogs are they mean?

some might be but most are nice if you raise them right some might be but most are nice if you raise them right some might be but most are nice if you raise them right

What does raise your right hand mean in spanish?

Levante la mano derecha. (You raise the right hand)

What means the right to express one's idea to the government?

what is right to express ideas and opinions

How does the declaration of independence express the American dream?

The Declaration of Independence expresses the American dream. It talks about freedom, and the ability of a man, or a country, to make his own way in the world. That is the basis of the quintessential American Dream.

What role did freedom of speech and the press play in the abolition movement?

You have a right to raise your voice by any medium.It allowed abolitionists to express opinions and ideas without hindrance, and especially without fear of punishment.

I look at you you look at me i raise my right you raise your left riddle?

a mirror

What does it mean to have the freedom to assemble and protest?

As an American Citizen you have the right to gather with friends and express that you disagree with the government. To protest what government officials are doing without prosecution.

What is the object in this riddle I look at you you look at me I raise my right you raise your left?

A mirror.