Be careful of new credit agreement notices and credit card issuer’s notice of changes to card agreements.
Recently, bank credit card issuers have begun sending out notices of “new card agreements” which sound consumer friendly.
The terms of these agreements will cause you to lose your legal rights to contest problems with credit card issuers in Court. They require you to go to binding arbitration, which does not follow legal procedure as in a court system, unless you write and tell them you do not wish to waive your legal rights to go to court. American Arbitration Association (AAA) procedure is not the same as a court system proceeding.
Please read all mailings and notices from your credit card companies carefully. Consider your options and if a written note is required to protect your trial right be sure to send it promptly.