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If you have an Amex Platinum or Centurion card, you can access Amex Centurion lounges. For many frequent travelers, the single best card perk is access to airport lounges — particularly, access to Amex Centurion lounges. Atlanta Hartsfield-Jackson International Airport (Concourse E)Charlotte Douglas International Airport (between Concourse D and E)Dallas/Fort Worth International Airport (Terminal D)Denver International Airport (Concourse C)Intercontinental Houston Airport (Terminal D)Las Vegas McCarran International Airport (Concourse D)Los Angeles International Airport (Tom Bradley International Terminal)Miami International Airport (Concourse D)John F. Kennedy International Airport (New York)Newark Liberty International Airport (Terminal A) — slated for 2026New York LaGuardia Airport (Terminal B, pre-security)Philadelphia International Airport (Terminal A)Phoenix Sky Harbor International Airport (Terminal 4)San Francisco International Airport (Terminal 3)Seattle-Tacoma International Airport (Concourse B)Washington, DC Ronald Reagan National Airport (Terminal B) — coming soonInternational locations Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Hartford Bradley International Airport (Terminal A)Cincinnati-Northern Kentucky International Airport (Concourse B)John Glenn Columbus International Airport (Concourse B)Fort Lauderdale-Hollywood International Airport (Terminal 3)Greenville-Spartanburg International Airport (Concourse B)Minneapolis-Saint Paul International Airport (Terminal 1)Oakland International Airport (Terminal 1)Palm Beach International Airport (Concourse B)Phoenix Sky Harbor International Airport (Terminals 3 and 4)Rhode Island T.F. You can only get into a Centurion Lounge if you have an Amex Platinum or an Amex Centurion credit card.
Persons: cardholders, Uber, Wiley, Julie Mehretu, Peacock, Uber Cash, Cardholders, Charlotte Douglas, Tom Bradley, John F, Ronald, , Mariano, John Glenn Columbus Organizations: Delta Reserve, Read, American Express, Amex, Express, Hilton, Marriott, Saks, Entertainment, Disney, ESPN, The New York Times, Street, American, Walmart, TSA, Global, Saks Fifth, Delta SkyMiles ®, Delta SkyMiles, Chevron, Atlanta Hartsfield, Jackson International, Charlotte Douglas International Airport, Fort Worth International, Denver International, Intercontinental Houston Airport, Las Vegas McCarran International Airport, Los Angeles International Airport, Tom, International Airport, Kennedy International, Newark Liberty International, New York LaGuardia, Philadelphia International, Sky Harbor International, San Francisco International, Tacoma International, Ronald Reagan National Airport, Hong Kong International, London, Stockholm Arlanda, Shivaji International, Delhi Indira Gandhi International, Melbourne, International, Monterrey, Sydney, Centurion Studios, Hartford Bradley International Airport, Northern Kentucky International, John Glenn Columbus International, Hollywood International, Spartanburg International, Saint Paul International Airport, Oakland International, Rhode, Green, Tahoe, Sacramento International, Centurion, SkyMiles Locations: , London, Hong Kong, Fort Lauderdale, Oakland, Sacramento, Hulu, Delta, Dallas, New York, Seattle, Washington, Stockholm, Mumbai, Shivaji, Delhi, Buenos Aires, Mexico, Cincinnati, Greenville, Spartanburg, Minneapolis, Reno, U.S
Online marketplace behemoth eBay said it plans to no longer accept American Express , citing what the company says are "unacceptably high fees" and that customers have other payment options to shop online. It's a notable blow to American Express, whose customers are often the most attractive among merchants and spend the most money per month on their cards. "After careful consideration, eBay has decided to no longer accept American Express globally effective Aug. 17 due to the unacceptably high fees American Express charges for processing credit card transactions," said eBay spokesman Scott Overland, in a statement. Overland said that eBay customers have become aware of new ways to pay for items, making payments more competitive than ever before, and AmEx was no longer a necessary partner for eBay. "We know that the vast majority of eBay customers are willing to use alternative payment options to continue enjoying buying and selling on our marketplace," Overland said.
Persons: It's, it's, Scott Overland, Overland, AmEx, cardmembers, Adam Isserlis, Steve Squeri Organizations: behemoth, American, American Express, Costco, eBay, Apple Pay, PayPal, Visa, Amazon, National Retail Federation, AmEx, Mastercard, Express Locations: U.S, Keefe
In today's big story, we're looking at China's strict approach to overseeing its AI development and the threat it poses to the world. The country's history of censorship and surveillance is extending to its approach to AI , writes Business Insider's Linette Lopez. AdvertisementThe CCP's plan for AI is about shaping reality and enforcing its power, according to internal documents. What to do ahead of May's jobs report. Permabull Tom Lee said it's a great time to buy stocks — shocking — with a new jobs report set to drop on Friday.
Persons: , Kiran Ridley, Stringer, Getty, Tyler Le, Insider's Linette Lopez, Linette, chatbots, Jinping, Xie Huanchi, we've, Ken Griffin's, Permabull Tom Lee, it's, Stocks, Keith Gill, It's, Amazon's, Alyssa Powell, boomer, Gen, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Grace Lett, Annie Smith Organizations: Service, Harvard, Business, Chinese Communist Party, of, People, Getty, Citadel Securities, BI, GameStop, Cloud, Prime, Apple, American Express, Research, Boomers Locations: China, Beijing, Xinhua, New York, London, Chicago
Younger Americans are finally outspending baby boomers, former Wall Street bank analyst Meredith Whitney recently noted. That's an encouraging sign for the US economy, which most economists believe is healthy, though some bearish prognosticators have serious doubts. There are several possible explanations for these findings and numerous takeaways from them, the "Oracle of Wall Street" said. However, young Americans' spending power shouldn't be discounted, as Whitney suggested that they command relatively high salaries since they attend college at higher rates. A continued economic expansion would be especially crucial for Gen Zers and millennials, who are entering the workforce or establishing their careers.
Persons: , Meredith Whitney, That's, Whitney, Zers, relaunching, boomers, it's, Gen Zers Organizations: Service, Business, Meredith Whitney Advisory Group, Target, Starbucks, BI, Walmart, American, American Express Locations: Street
Best 0% Intro APR Business Credit CardsU.S. Bank Business Triple Cash Rewards World Elite Mastercard® : Best overall for high rewards and long 0% intro APR: Best overall for high rewards and long 0% intro APR Ink Business Cash® Credit Card: Best welcome offerThe American Express Blue Business Cash™ Card: Best for easy rewardsThe Blue Business® Plus Credit Card from American Express: Best for flexible rewardsU.S. Bank Business Platinum Card: Best for balance transfersBank of America® Business Advantage Customized Cash Rewards Mastercard® credit card : Up to 5.25% cash back for Bank of America Preferred Rewards for Business customersCompare the Best 0% APR Business Credit CardsBest for generous cash back rewards and long 0% APR U.S. Bank Business Triple Cash Rewards World Elite Mastercard® Insider’s Rating Info icon Insider's Ratings are decided by our editorial team. Features to Look For in 0% APR Business Credit CardsThe best 0% APR business credit cards either offer generous terms for zero interest, or high rewards for spending on the credit card. 0% APR Business Credit Card Frequently Asked QuestionsDo 0% APR business credit cards exist? Yes, many 0% APR business credit cards allow balance transfers from other credit cards, including business cards. While using more of your available credit can impact your credit and credit score, this doesn't typically apply to business credit cards.
Persons: you'll, APRs, Cash, you've, You've, Cardholders, cardholders, They'll Organizations: Business Insider, U.S . Bank Business, Cash, Mastercard, Bank of America, Cards, Bank Business, American Express, Bank, of America, Rewards, EV, Ink, FDIC, Express, U.S . Bank, Business, U.S, Chase, . Bank, Chevron Locations: Chevron
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe last few years haven't been without challenges, but there have been great opportunities to learn as well, Monique Herena told Business Insider. "I focus on helping people develop to be at their best, and serve our customers and consumers," Herena explained. AdvertisementHerena's insights are part of Business Insider's leadership package "Looking Ahead 2024," which digs into vision, strategy, and challenges across corporate America. Besides the flexible work model, there were several learning and development programs.
Persons: , haven't, Monique Herena, Herena, she's, Stephen Squeri's, — there's Organizations: Service, Business, American Express Locations: America
It's not clear how much scrutiny the company is under for management's role in developing and training employees to sell the product. Subpoenas are issued to compel parties such as company executives and employees, or former employees, to appear for interviews or turn over documents. In July, the OCC assessed a $15 million civil penalty against American Express National Bank. The IRS is also involvedBrooklyn attorneys are coordinating their criminal investigation alongside the IRS's criminal-investigation unit, the people BI spoke with said. Sinking morale among some sales employeesThe investigations are taking a toll on Amex's results-driven culture, current and former sales employees told BI, because compliance staff have gotten more involved in the sales process.
Persons: Amex, hadn't, salespeople, It's, Adam Isserlis, Isserlis, John Marzulli, Brian Morris, Hiral Mehta, Morris, Boies, Boies Schiller Flexner, Seth DuCharme, Charles Blazer, he's, Mehta, Hiral, Brian Organizations: American Express, Business, Justice, New York State Department of Financial Services, BI, Brooklyn, Eastern, of, OCC, American Express National Bank, Consumer Financial, Justice Department, Department of Financial Services, Department of Justice, IRS, Federal Deposit Insurance Corp, FDIC's, Government, Costco, Securities, Eastern District, Department of Homeland Security, Boies Schiller, FIFA, Taco Bell Locations: Brooklyn , New York, of New York, Eastern, Brooklyn
REUTERS/Lucy Nicholson/File Photo Acquire Licensing RightsOct 20 (Reuters) - Credit card giant American Express (AXP.N) on Friday reported third-quarter profit that beat expectations, helped by resilient spending from its wealthy customers who shrugged off concerns about an economic downturn. AmEx reported a profit of $3.30 per share, up from $2.47 per share a year earlier. On average, analysts had expected a profit of $2.94 per share, according to LSEG IBES data. "Travel and Entertainment (T&E) spending remained robust... Restaurant spending was again one of our fastest-growing T&E categories," CEO Stephen Squeri said in a statement.
Persons: Lucy Nicholson, AmEx, , Christophe Le Caillec, Gen Zs, Stephen Squeri, Niket Nishant, Pooja Desai Organizations: Dow Jones Industrial, American Express, REUTERS, American, Entertainment, Consolidated, Thomson Locations: Los Angeles , California, United States, Bengaluru
AdvertisementAdvertisementThe information for the following product(s) has been collected independently by Business Insider: Hilton Honors American Express Surpass® Card, Hilton Honors American Express Aspire Card. Customers who hold the mid-tier Hilton Honors American Express Surpass® Card or the premium Hilton Honors American Express Aspire Card will soon receive enhanced benefits – as well as increased annual fees. What you should know about the Hilton Honors Amex CardThe Hilton Honors Amex is the hotel chain's base-level credit card. If you reach the $2,000 spending requirement making Hilton hotel purchases, you could end up with 114,000 Hilton Honors points, since eligible Hilton purchases earn 7 points per dollar. If you're a heavy Hilton loyalist, consider the mid-tier Hilton Honors American Express Surpass® Card or the premium Hilton Honors American Express Aspire Card.
Persons: Hilton, , David Slotnick, Amex, You'll, you'll Organizations: Business, Hilton, American, Hilton Honors, Service, Honors, U.S, Hilton Gold Locations: Bangkok, U.S, Hampton, Colombia, Mexico's Baja California
The Atlanta-based airline said it plans to cap the number of entries to its Sky Clubs starting Feb. 1, 2025 for holders of the American Express Platinum Card as well as the Delta Reserve American Express Card. Those holding the Platinum Card will be allowed six visits per year, while the Delta Reserve Card holders will get 10 annual visits. The news may not come as a surprise to Delta customers who have visited a Sky Club at Delta's major hubs like JFK Airport or Atlanta, where lines to access Sky Clubs have been a common occurrence. Political Cartoons View All 1157 ImagesThe Platinum Card has become American Express’ most popular product, despite its high annual fee, among Millennials and Gen-Z partially due to its travel perks. The news does not impact access to AmEx's own Centurion-branded airport lounges, which American Express owns and operates.
Organizations: Delta Air, Sky Clubs, American, Delta Reserve American Express Card, Delta Reserve, Delta, Sky, JFK, American Express Locations: Atlanta, Delta's, JFK
Capital One has revealed its newest airport lounge, an 8,500-square-foot outpost at Washington-Dulles International Airport (IAD). Read Insider's guide to the best credit cards with free airport lounge access. The Capital One Lounge at Dulles (IAD) is the issuer's highly anticipated second location, expanding the issuer's reach to the Washington D.C. metropolitan area. It's the first credit card-affiliated lounge at Dulles, and the space will likely prove popular for travelers departing from the airport. Premium perks including airport lounge access and statement creditsCheck mark icon A check mark.
Persons: Eero Saarinen, Dulles, H, Will Patton, Chris Dong, it's, Chase Sapphire, Amex, Chase Organizations: Dulles International, Travelers, Capital, Service, Fort Worth International, Dulles, Washington D.C, Capital One, One, Premier, Rhino Brewing Co, Michelin, Acorn, Dulles Airport, Venture, Business, LaGuardia, Reagan Washington National Airport Locations: Washington, Wall, Silicon, Dallas, DFW, Dulles, Virginia, Central Virginia, Denver, Las
International credit scores generally do not transfer to credit scores in the US. Nova Credit allows immigrants from some countries to apply for credit with an international credit score. FICO VantageScore Payment history (35%) Payment history (40%) Credit balance (30%) Length & type of credit (21%) Length of credit history (15%) Percent of credit used (20%) New credit (10%) Total debt/balances (11%) Mix of credit accounts (10%) Recent credit behavior and inquiries (5%) Available credit (3%)How credit scores work internationallyOther countries have a credit scoring system that differs from the United States. Alternatively, you can use credit builder products like a secured credit card or credit builder loan, which don't require high credit scores to qualify. Transferring international credit scores frequently asked questionsWhat happens to my credit score if I move to another country?
Persons: Misha Esipov, TransUnion, you've Organizations: Nova Credit, Nova Credit's, American Express Locations: United States, America, Canada, Japan, Nova, Australia, Brazil, Dominican Republic, India, Kenya, Mexico, Nigeria, Philippines, South Korea, Spain, Switzerland, Chevron
July 21 (Reuters) - American Express (AXP.N) kept its forecast for full-year profit unchanged on Friday, disappointing investors and overshadowing its quarterly results that topped estimates on record card member spending by its young and affluent customers. AmEx shares fell 4.4% in premarket trading as the credit card giant reaffirmed its full-year 2023 per-share profit forecast of $11 to $11.40. AmEx's total provisions for credit losses came in at $1.2 billion in the second quarter, compared with $410 million a year earlier. "Card member spending hit another all-time high, growing 8 percent on an FX-adjusted basis, driven by double-digit growth in U.S. Consumer and International Card Member spending," CEO Stephen Squeri said in a statement. The credit card company reported a profit of $2.89 per share in the quarter, beating analysts' average expectation of $2.81 per share, according to IBES data from Refinitiv.
Persons: Stephen Squeri, AmEx, Manya Saini, Anil D'Silva Organizations: American Express, . Consumer, Card, Thomson Locations: U.S, Refinitiv, Bengaluru
"Results were strong, though spending growth is moderating from unsustainably high rates in 2022," said Edward Jones analyst Kyle Sanders. These worries took the shine off a record quarter in which spending surged to $426.6 billion despite rapid interest rate hikes by the U.S. central bank ushering in an end to easy money. "Our base is changing in terms of more Millennials and Gen Z who will grow with us. Millennial and Gen Z were its fastest-growing customer base as their combined spending surged 21% in the U.S. from a year ago. Despite that, AmEx just reaffirmed its per-share profit forecast of $11 to $11.40 for 2023 after reporting a market-beating profit of $2.89 per share.
Persons: Edward Jones, Kyle Sanders, Gen Z, Stephen Squeri, Gen, Jeff Campbell, AmEx, Campbell, Christophe Le Caillec, Manya Saini, Anil D'Silva, Arun Koyyur Organizations: American Express, U.S, RBC Capital Markets, Reuters, Thomson Locations: U.S, Bengaluru
In late May last year, some 250 salespeople at American Express learned they weren't going to get paid. In addition to earning commissions, the Premium Wire volumes helped them reach higher compensation tiers, known as kickers. For the first time, the Premium Wire product made economic sense. The presentation discussed shifting the sales focus toward Premium Wire and another product to "accelerate revenue growth and meet client's needs." Isserlis said Williams was fired because of misconduct unrelated to Premium Wire.
Persons: Amex, salespeople, Salespeople, Adam Isserlis, Isserlis, Stephen Squeri, John Moore, Amex salespeople, Pablo Ribas, Ribas, Anna Marrs, Marrs, Charles Schwab, Schwab, Mike Peterson, Charlene Luke, they'd, Nick Williams, Williams, Nick, Mr, , Thomas Zoerner, Zoerner, Amex's, she's, weren't, Carter Johnson Organizations: American Express, Commercial Services, Securities and Exchange Commission, Justice Department, Internal Revenue Service, Street, IRS, Getty, Credit, Employees, Business, SME, Global Commercial Services, Marriott, Express, University of Florida's Levin College of Law, Amex, California Labor, Court, whistleblowing Locations: Brooklyn, California, Manhattan, Canadian, , Orange County , California, New York, Webex
U.S. lender Citigroup scrapped its sale of the Banamex unit last week and said it will instead list it, a surprise move coming amid talks to sell the business to Mexican billionaire German Larrea's conglomerate Grupo Mexico (GMEXICOB.MX). "The Finance Minister has asked us to evaluate the different scenarios in which it might be beneficial for Mexico to acquire the bank," Deputy Finance Minister Gabriel Yorio told Reuters. After Citi announced its IPO plans, President Andres Manuel Lopez Obrador said the government could acquire up to half of Banamex. Before Citi's u-turn, banking sources said Grupo Mexico had been eyeing the unit for around $7 billion. "Banamex, in fact, has had a significant deterioration in its payment systems, precisely because it was in this sale process," he said.
Persons: Gabriel Yorio, Andres Manuel Lopez Obrador, Yorio, Lopez Obrador, Banamex, Anthony Esposito, Valentine Hilaire, Dave Graham, Mark Porter, Diane Craft Organizations: MEXICO CITY, Citigroup Inc's, Banco, U.S, Citigroup, Grupo Mexico, Finance, Reuters, United, Citi, Welfare Bank, Thomson Locations: MEXICO, Mexico, German, Kuwait, Saudi Arabia, Oman, Qatar, United Arab Emirates, expropriate
Lopez Obrador said the mining and transport conglomerate (GMEXICOB.MX) remains one of the possible buyers of the retail banking unit, also known locally as Banamex. Lopez Obrador said he believes several "recommendations" he has for the sale are being met. Reuters reported last week that Grupo Mexico was closing in on a $7 billion deal to purchase Banamex. Lopez Obrador, a leftist economic nationalist, referenced tensions with Grupo Mexico's billionaire magnate German Larrea. When it comes to the sale and purchase of the bank there is no problem," Lopez Obrador said.
Chase is opening its first Chase Sapphire Lounge in the US at Boston Logan Airport on May 16. Chase is set to open a new Chase Sapphire Lounge at Boston Logan International Airport on May 16. The inaugural Chase Sapphire Lounge opened at Hong Kong International Airport in October 2022. Chase Sapphire Reserve cardholders get unlimited free access for themselves and up to two guests if they're registered in the free Priority Pass membership that comes with the card. Priority Pass members with cards other than the Sapphire Reserve have one free entry to any Chase Sapphire Lounge per year.
Two of the best travel rewards cards — the American Express® Gold Card and the Chase Sapphire Preferred® Card — are fixtures in the wallets of frequent flyers, and for good reason. Compare the Sapphire Preferred and American Express Gold Chase Sapphire Preferred® CardAmerican Express® Gold Card Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Here's what to know if you're trying to decide between the Amex Gold Card and Sapphire Preferred. Fortunately, both the Amex Gold Card and Sapphire Preferred are heavy hitters in this regard, with excellent everyday spending categories that most consumers can easily use. In addition, the Amex Gold card offers up to $10 per month in Uber Cash (applicable to U.S. Eats orders and Rides, and the Gold Card needs to be added to the Uber app to receive the Uber Cash benefit).
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailYounger consumers are driving AmEx's revenue growth, says Moffett Nathanson's Lisa EllisLisa Ellis, MoffettNathanson analyst, joins 'The Exchange' to discuss the state of consumer spending, American Express' Q2 earnings report, and more.
[1/2] American Express logo and trading symbol are displayed on a screen at the New York Stock Exchange (NYSE) in New York, U.S., December 6, 2017. Shares fell as much as 7% to a near three-month low of $154.01 as expenses surged 22% to $11.1 billion in the first quarter, higher than expectations of $10.4 billion. "While the elevated provision does not come as a surprise, the miss on expenses is likely the driving force behind the shares' move lower," UBS analysts wrote in a client note. The company, however, reaffirmed its profit forecast for 2023 as spending by customers on travel and entertainment surged 39%. It expects to earn $11 to $11.40 per share compared to analysts' estimate of $11.10.
Chase is well-known for its excellent small-business credit cards, most notably the Ink Business Preferred® Credit Card, Ink Business Cash® Credit Card, and Ink Business Unlimited® Credit Card. Even the no-annual-fee Ink Business Cash® Credit Card and Ink Business Unlimited® Credit Card may prove significantly better for your credit card strategy, whether you're interested in cash-back or travel rewards. With other Chase Ink credit cards, like the Ink Business Unlimited® Credit Card and Ink Business Cash® Credit Card, you can:Redeem your rewards for cash, gift cards, and travel at 1 cent eachConvert your rewards to airline miles or hotel points by moving your points over to a Chase Ultimate Rewards transferable points credit card like the Ink Business Preferred® Credit Card, Chase Sapphire Reserve®, or Chase Sapphire Preferred® Card. Ink Business Premier Card Benefits and FeaturesAs with many small-business cards, the Ink Business Premier Card comes with travel and purchase benefits that can save you money and give you peace of mind. Methodology: How We Reviewed the Ink Business Premier CardTo evaluate the Ink Business Premier Card, we compared it to other business credit cards and focused on several critieria, including:Simplicity — How easy is it to use the card?
Our experts answer readers' credit card questions and write unbiased product reviews (here's how we assess credit cards). The information for the following product(s) has been collected independently by Business Insider: American Express® Green Card, Chase Freedom®. Read Business Insider's guide to the best 0% APR credit cards. `Amex Plan ItAmex's Plan It is very similar to My Chase Plan, but it's been around much longer. It debuted on 16 Amex credit cards in the summer of 2017, and over the next three years, people created nearly five million plans worth $4 billion.
Persons: they'll, Chase, it's, Amex, You'll Organizations: Business, Citi, Read, American, American Express, Chase, Chase Chase
You'll get 60,000 Membership Rewards® points after you spend $4,000 in the first six months with the Amex Gold. The Amex Gold offers better rewards for frequent travelers, while the Capital Savor One is a better choice for those who spend more on entertainment. These benefits are rather common for annual-fee travel credit cards and available with the Amex Gold as well. For example, if you're good at navigating point transfers to get the best value, the Amex Gold can offer a higher yield. For rates and fees of the American Express® Gold Card, click here.
For traders, one widely-used metric can help participants separate the most overbought, and oversold, stocks on Wall Street right now. The "relative strength index" measures the speed and magnitude of recent price moves , letting investors gauge possible overbought and oversold conditions in the market. Although overbought stocks can always rise further, theoretically until their RSI hits 100, and oversold stocks can still fall further, theoretically to 0, looking at RSIs remains helpful for investors looking to lighten up on existing positions or establish new ones. Amgen was identified as one of the most oversold stocks in the S & P 500. The pharmaceutical stock has a 14.6 14-day RSI rating, with just 35% of analysts rating the stock a buy.
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