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. Original Channel: CNBC Link to Original Video: https://www.youtube.com/watch?v=EbLmCRuoW1w Channel Link: https://www.youtube.com/@CNBC This is a re-upload for educational and informational purposes only. Full credit goes to the original CNBC. I am not affiliated with CNBC or his channel. Please always verify information through official sources or the creator’s own platforms. I am not responsible for any decisions made based on this video.