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American Express Co.’s bet on Gen Z customers is paying off, with the segment accounting for around 5% of all US spending on ...
Cardholders between their 20s and 40s make up 75% of Amex's new accounts acquired on its two premium cards, Platinum and Gold ...
But younger American Express cardholders seem to be telling a different story. Amex CEO Stephen Squeri said Gen Z and millennial customers have better-than-average FICO scores and spend less.
Is American Express about to overhaul the Platinum Card? In their latest earnings call, Amex revealed plans to refresh 35-50 products in 2025, fueling speculation of a major Platinum Card revamp with ...
Younger customers are driving growth here too, with millennial and Gen Z members accounting for half of the high-yield savings accounts and a third of total balances. One way American Express ...
American Express is set to revamp its Platinum cards, marking its largest investment ever in a card refresh. The upgrades, targeting Millennials and Gen Z, will enhance travel, dining, and lifestyle ...
American Express is in great shape even ... on Amex cards jumped 7.5% year over year and new-card growth was fueled by Gen Z and millennials, who made up the bulk of new customers.
Spending growth remains robust, particularly among millennial and Gen Z cardholders. The company's valuation still commands a premium despite the recent pullback. American Express wrapped up 2024 ...
April 30, 2025 00:00 AM UTC - Updated May 13, 2025 15:41 PM UTC American Express is winning over Gen-Z by offering curated experiences and personalized rewards that resonate with younger audiences.