Cardholders between their 20s and 40s make up 75% of Amex's new accounts acquired on its two premium cards, Platinum and Gold.
American Express CEO says his business is in great shape because its wealthy Gen Z clients aren’t hurting at all
BY MARCO QUIROZ-GUTIERREZ
April 18, 2025
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Major companies are positioning themselves for lasting customer loyalty.
"If nothing else, going to lounges and using the $600 hotel credit will essentially justify the cost."
AmEx's strategy shift is the latest example of the K-shaped economy, in which wealthy consumers continue to spend freely while…
American Express is expanding creator partnerships and launching 250 grants of $20,000 each to help small businesses convert…
A $1,000 stake in American Express has more than tripled in the last five years alone.
Credit card companies are upping the fees, and the benefits, on their most expensive cards. Knowing whether they're worth it…
