[cd34]

I would expect Visa would remove the grace period before they disallow recurring. Although, they could easily strike level 3 accounts from recurring, but, I think there is farrrrrrrr too much profit there for them to turn their back on adult. Aside from the fact that Visa says they are fighting fraud, they make money off those penalties. And, small transactions tend to go through more easily than large purchases, keeping a credit card user's balance closer to the max. That of course generates more interest.

Amex just did change the grace period on their Optima and bank-branded Amex cards. Turn in your American Express card for a NEW MBNA American Express card that charges you interest from the date of purchase, all while we decide to charge you $75/year for the privilege. Thank you, but no.