I've noticed that a many (certainly not all) contracts have an escape hatch for the binding arbitration portion, but it usually requires a timely act: American

I've noticed that a many (certainly not all) contracts have an escape hatch for the binding arbitration portion, but it usually requires a timely act: American Express, for example, requires a letter to be sent to a specific address within 30 days (or some such) of opening the account to opt-out of the binding arbitration clause.