American Express

American Express Faces U.S. Action on Late Fee Practices

American Express said it faces U.S. enforcement action over late fees on its revolving-credit charge cards as part of an “increasingly complex and robust” regulatory environment. AmEx said regulators – the ...
Twitter/American Express

Twitter, American Express Partner for Small Biz Ads

Twitter is offering ad purchases to credit card holders and providing a self-serve ad system to American Express small businesses first – before offering a broader service. Starting in late March, the first 10,000 ...
U.S. Consumer Credit Marks 6th Straight Monthly Gain

Credit Card Defaults Mixed, But Overall Trend Positive

The biggest U.S. credit card companies saw mixed results in defaults and customer late payments in January, but the overall trend in credit quality remains on a positive trend and well below peak crisis levels. The ...
American Express

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 ...
Shopping with credit cards

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 ...
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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 ...
Target shopping carts

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 ...
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