American Express OPEN, the small-business branch of AmEx, offers its cardholders discounts, bonus rewards and other membership benefits that extend beyond the perks offered by their cards.

charge cards American Express (AXP) is an American financial and travel services corporation with operations in more than 110 countries. 1 Its primary products include charge cards, credit cards, financial services, and travel-related services like traveler's checks.

American Express Co (Amex) is a provider of card products and travel-related services. It offers a range of credit cards, charge cards, and other payment and financing solutions to individuals, small and middle businesses, and corporates.

American Express is known for having a large selection of rewards cards, from travel to cash back to cards that are co-branded with merchants. Certain Amex cards have some of the biggest bonuses on the market, too. They're targeted toward people with high credit scores.

American Express eligibility requirements: Applicants must be at least 18 years old. A valid Social Security number is required. Or, if you don't have a credit history in the U.S. but you have a credit card or loan in certain countries, you might be able to get approved without a SSN.

An open charge card, such as an AMEX, is very different. Open charge cards must be paid off in full each month. So for instance, if you typically charge $10,000 to your open charge card each month, but always end up paying it off, do you have to factor in the $10,000 monthly payment to your debt ratio?

Amex's secret to success is its focus on providing a high-quality customer experience and building a loyal customer base. The company offers a wide range of rewards and benefits to its cardholders, which helps it stand out from other credit card companies.

Products & Services

• Credit Cards.
• Business Credit Cards.
• Corporate Programs.
• View All Prepaid & Gift Cards.
• Savings Accounts & CDs.

The target audience of American Express (Amex) is typically affluent individuals and businesses. It is known for its high-end credit cards and premium travel services geared towards individuals and companies with high incomes and excellent credit scores.

The Bottom Line American Express's main direct credit card competitors are Mastercard, Visa, and Discover. While Mastercard and Visa have a different business model than American Express, they all compete in the credit card space.

American Express Membership Rewards Credit Card You also enjoy other benefits like fuel surcharge waiver and zero lost card liability. Features and benefits: 1 reward point for every Rs. 50 spent on purchases other than fuel, insurance, utilities, and cash transactions.

There is no minimum balance required to open your Account, to avoid being charged a fee, or obtain the Annual Percentage Yield (APY) disclosed to you.

American Express National Bank, Member FDIC, is the personal banking arm of popular credit card issuer American Express. This online-only bank currently offers three products: a high-yield savings account, a certificate of deposit (CD) account and a rewards checking account.

Also, the CREDIT card has a limit, which is called the “credit limit”. At American Express, the minimum credit limit is $1,000. In general, a limit of $10,000 will be the one granted to you based on your record. You may very well have a higher limit like $20-30,000.

American Express is one of the leading card issuers in the United States. It's known for its top-notch customer service and some of the best rewards available. From ultra-elite business travel cards to everyday rewards, American Express has credit cards that are a good choice for many different types of cardholders.

What is the business model of American Express? American Express has a “spend-centric” business model that makes money primarily by driving spending on its cards and secondarily through finance charges and fees.