Earn 4X Points at U.S. supermarkets and restaurants, 3X points on flights, 1X points on everything else
Earn 35,000 Membership Rewards® points after you spend $4,000 on purchases on your new card in your first 3 months of card membership
Earn up to a total of $10 in statement credits monthly when you pay with the Gold Card at Grubhub, Seamless, The Cheesecake Factory, Ruth's Chris Steak House, Boxed, and participating Shake Shack locations. This can be an annual savings of up to $120. Enrollment required.
Select one qualifying airline and then receive up to $100 in statement credits per calendar year when incidental fees, like checked bags and in-flight refreshments, are charged by the airline to your Gold Card account
Earn 4X Membership Rewards® points on the 2 categories where your business spends the most each billing cycle, including airfare purchased directly from airlines, U.S. purchases for advertising in select media (online, TV, radio), U.S. purchases made directly from select technology providers of computer hardware, software, and cloud solutions, and U.S. purchases at gas stations, restaurants, or for shipping.
Earn 1X Membership Rewards® points on other purchases
Earn 35,000 Membership Rewards points after you spend $5,000 on eligible purchases with the Business Gold Card within the first 3 months of card membership
Book your flight with American Express Travel using Membership Rewards® Pay with Points and get 25% of those points back
Earn 5X Membership Rewards® points on flights and prepaid hotels on amextravel.com, 1.5X points on each eligible purchase of $5,000 or more (that's an extra half point per dollar, up to 1 million additional points per calendar year, and 1X points for each dollar you spend on eligible purchases
Earn 75,000 Membership Rewards® points after you spend $15,000 on eligible purchases with the Business Platinum Card within the first 3 months of card membership
Select one qualifying airline and get up to $200 in statement credits each calendar year for baggage fees and other incidentals charged by the airline to your Business Platinum Card
Access to the American Express Global Lounge Collection, including 1,200 airport lounges across 130 countries and counting
Use Membership Rewards® Pay with Points for all or part of an eligible fare and get 35% of those points back, up to 500,000 points back per calendar year
Earn 5X Membership Rewards® points for flights booked directly with airlines or with American Express Travel
Earn 5X Membership Rewards® points on prepaid hotels (booked and paid in advance) on amextravel.com, earn 1X points on all other eligible purchases
Earn 60,000 Membership Rewards® points after you use your new card to make $5,000 in purchases in your first 3 months
Select one qualifying airline and then receive up to $200 in statement credits per calendar year when incidental fees, such as checked bags and in-flight refreshments, are charged by the airline to your Platinum Card® Account
$100 hotel credit to spend on qualifying dining, spa, and resort activities. Qualifying activities vary by property.
Access to The Global Lounge Collection® including 1,200 airport lounges across 130 countries and counting
Earn 1 Membership Rewards® point for every eligible dollar you spend
You can get double Membership Rewards® points on every dollar of eligible travel purchases—such as prepaid hotel stays, vacation packages, and cruises—when you use your card to book your trip through AmexTravel.com
Amex Offers rewards you at places you like to shop, dine, travel, and more. Simply log in to your account or use the American Express® App to add offers to your card. Then use that same card to pay and enjoy rewards directly on your statement.
Plan It® is a payment option that lets you split up purchases of $100 or more into clear and simple monthly payments with a fixed fee and no interest
The credit card offers that appear on this site are from credit card companies from which CardRates.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CardRates.com does not include all credit card companies or all available credit card offers.
Behind the Issuer: American Express
By: Ashley Dull
CardRates.com Guide: American Express®
While American Express is certainly one of the world's largest payment processors, the company is also a major global issuer, offering more than 24 consumer and business credit and charge cards designed for a wide range of cardholders.
And, as one of the few financial services businesses to grow organically rather than through mergers and acquisitions, Amex is truly an American success story. Today, it is the fifth-largest issuer of credit cards in the U.S.
Founded in 1850 as an express mail and freight delivery service, the company developed a reputation for being more reliable than the U.S. Post Office. They soon began delivering for banks and other financial institutions, fulfilling the need for guaranteed and reliable delivery.
An Innovator in American Finance
American Express’s founding in 1850 involves two of the best-known names in American business: Henry Wells and William Fargo, who went on to form Wells Fargo & Company two years later. Their fledgling business originated in Buffalo, N.Y., but soon moved to New York City to be closer to the financial institutions they serviced.
By 1858, the company had built its first headquarters in what would later become the Tribeca section of Manhattan.
The reputation of reliability and integrity American Express developed led to decades of near-monopoly status in the financial services industry. In 1882, the company decided to expand into the money order business and soon became the preferred alternative to U.S. Postal Service money orders.
In 1891, it further expanded into financial services by developing the traveler’s check system, formally named the American Express Travelers Cheque.
Largely due to the success of the Travelers Cheques, American Express soon expanded its financial services to Europe, establishing branches in London, Paris, and Berlin, among other cities. When World War I broke out in 1914, American Express was one of the only places Americans in Europe could find to honor their letters of credit.
The war in Europe also gave the company experience in the travel industry, as they worked diligently to help stranded Americans make their way home. Following the war, the American Express travel services business took off, as many of their wealthy clients began traveling by luxurious steamships around the world.
Exiting Express Shipping
Another result of WWI was the nationalization of the U.S. railroad shipping industry. Since soldiers and supplies took priority over commercial business, American Express and other carriers were forced to turn over their interests in railroad express delivery to the government.
The company was mostly compensated for its losses and, ultimately, forced out of the industry in which it began.
More than a century after its founding, the American Express Company issued its first charge card. The interest in these cards was so strong that 250,000 were issued even before the official launch date in 1958.
The first cards issued were made of paper, but in 1959, Amex became the first company to issue plastic charge cards.
The Evolution of “The Card”
The American Express Gold Card was first issued in 1966, differentiating between two of its customer segments. The exclusive and invitation-only Platinum Card came along in 1984.
The cards’ branding became important, as they became a sort of status symbol among business people. In 1987, American Express introduced its first revolving credit card, the Optima Card.
Today, American Express is known for its top-tier rewards credit cards, including some legacy cards like the Gold and Platinum credit cards, as well as new consumer and business products such as the Everyday® family of rewards cards. There also are a variety of business credit cards and even an ultra-exclusive Centurion® Card, otherwise known as the “Black Card,” for the few who qualify.
Editorial Note: Opinions expressed here are author's alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.
The information on this page was reviewed for accuracy on .
About the Author
Ashley Dull Finance Editor
Ashley is the Media Relations Coordinator at CardRates, formerly our Editor in Chief. She now creates national media campaigns for the site, leveraging years of industry knowledge acquired through regular collaboration with the world’s largest banks and financial institutions, up-and-coming fintech companies, and press and news outlets.
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Disclaimer: This content is not provided or commissioned by American Express. Opinions expressed here are author's alone, not those of American Express, and have not been reviewed, approved or otherwise endorsed by American Express. This site may be compensated through American Express Affiliate Program.
Advertiser Disclosure: The credit card offers that appear on this site are from credit card companies from which CardRates.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CardRates.com does not include all credit card companies or all available credit card offers. See the credit card issuer's website for specific terms and conditions of each card.