Wow. I'm sort of speechless. Too bad I don't use either, but this is pretty amazing.
From the HuffPo:
NEW YORK — American Express and Discover customers will soon be free of fees for charging over their credit limits.
The two companies said separately Tuesday they will soon end the charges that have generated widespread criticism from consumers.
The moves come before credit card regulations set to take effect in February limit the way credit card issuers may charge such fees. Under the legislation signed by President Obama in May, consumers must agree to pay a fee before they can charge more than their credit limit, and card issuers must tell their customers how much those fees would be.
American Express currently assesses a $35 fee to most customers whose balances exceeded their credit card limits.read more...