American Express Profit Up 12% on Record Card Spending
American Express profit rose 12 percent in the fourth quarter, with more customers spending on their cards and much fewer opting to stop paying on their balances.
AmEx also took in higher travel commissions and ...
American Express: Most Shoppers Opt for Last-Minute Deals
A survey by American Express reveals that U.S. holiday shoppers take advantage of last-minute deals or procrastinate on gift buying, with 57 percent even planning to shop the day after Christmas – versus 43 percent ...
Small Business Saturday: Everybody Wins With This AmEx Brainchild
The day after “Black Friday,” Nov. 26, is the second annual Small Business Saturday, where holiday shoppers are urged to take advantage of local businesses, those smaller, independent retailers that help drive ...
American Express Partners with Target Stores on Prepaid Cards
With Black Friday around the corner, American Express is partnering with Target to provide a reloadable prepaid card available at more than 1,000 of the retailer’s U.S. stores.
The “American Express for Target ...
American Express Sees Jump in Card Spending, 3Q Earnings
American Express card customers charged more over the last three months than holders of bank-issued plastic, boosting third-quarter net income for AmEx to $1.2 billion, up 13 percent from $1.1 billion a year ago.
Spending ...
Visa, MasterCard Settle U.S. Antitrust Case; AmEx to Fight Suit
Visa and MasterCard have agreed to allow merchants to encourage customers to use lower cost credit or debit cards — and potentially provide rebates or discounts for doing so — under a settlement with ...
AmEx Ranks Highest in Credit Card Satisfaction: J.D. Power
American Express ranked highest in customer satisfaction for the fourth straight year, as overall satisfaction with credit cards edged upward, according to J.D. Power and Associates.
Satisfaction with all credit ...
American Express Triples Profit on Higher Card Spending
Bolstered by higher card-member spending and fewer bad loans, American Express beat expectations with a second-quarter 2010 profit of $1 billion, about three times more than the $337 million in earnings a year ago.
Per ...
American Express: Consumers Resist Raising Their Debt
Three-quarters of consumers surveyed by American Express say their debt has not increased over the past six months, and more than a third say their debt has decreased.
More Americans say they have been focused on ...
American Express: Finances Top Stress Factor for Couples
An American Express survey found that nearly one in three couples believe finances cause more stress in their relationship then intimacy, their children and their in-laws.
Communicating about finances is not a priority, ...
