Amex projects upbeat 2026 profit on steady spending by affluent customers
It expects revenue to grow in the range of 9 to 10% – versus expectations of about 9% American Express (Amex) forecast annual profit largely above Wall Street expectations on…
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AmEx
Why everyone suddenly wants the new AmEx Platinum card—fee hike and all
If there’s any doubt whether people are willing to pay $900 for a premium credit card, just look at the latest quarterly results for American Express: The credit card issuer reported…
American Express Reveals New Platinum Card Retail and Wellness Benefits, Revamps Amex App
With the launch of its refreshed American Express Platinum card, the card company has also revealed a slew of new benefits for its U.S. cardholders. With access to more than $3,500 in…
Citi charges US$595 for ‘Strata Elite’ credit card to rival Amex, Chase
Citigroup launched a premium credit card designed to rival ones offered by JPMorgan Chase and American Express, the latest entrant in the increasingly crowded market for cards offering…
Citi’s Strata Elite Card challenges AmEx Platinum and Chase Sapphire with travel-heavy perks
Not willing to be caught idling while Chase and American Express release new premium credit cards, Citi is launching one of its own: the Citi Strata Elite Card. While Citi has offered a…
Amex Q2 results prove it’s still the heavyweight of high-end cards
With its complex web of travel perks, airport lounges, and points, the premium credit card scene is more competitive than ever. But if the competition is heating up, luxury card stalwart…
AmEx profit rises on resilient card spending
Provisions for credit losses were US$1.2 billion in the quarter, compared with US$1.3 billion a year earlier American Express reported a 6 per cent rise in first-quarter profit on…
AmEx profit beats estimate on robust customer spending
American Express reported third-quarter profit above Wall Street estimates on Friday (Oct 18), as higher spending on its cards offset a hit from bigger provisions for credit losses. The…