Why Wealthy Americans Love AmEx

Armed with impressive rewards and a loyal customer base, Amex has achieved impressive growth over the years. The company’s revenue has increased over 32% since 2017 and shares of the company have shown resilience and growth in a tumultuous market. Yet Amex is far from dominating the credit card industry compared to the likes of Visa and Mastercard. So what is the secret to Amex’s success and where is it headed next? Watch the video to find out.

Produced by: Nathaniel Lee
Editor: Nora Rappaport
Supervising Producer: Lindsey Jacobson
Graphics: Alex Wood, Jason Reginato

Clarification: The card displayed at 6:03 should be the AmEx Platinum card, not the AmEx Delta Skymiles Platinum card.

» Subscribe to CNBC:https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV:https://cnb.cx/SubscribeCNBCtelevision

About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.

Connect with CNBC News Online
Get the latest news:https://www.cnbc.com/
Follow CNBC on LinkedIn:https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook:https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter:https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram:https://cnb.cx/InstagramCNBC

#CNBC

Why Wealthy Americans Love AmEx