If you have an eligible American Express card, you can transfer your Membership Rewards points to a roster of 18 airlines and three hotel chains.

American Express benefits from increased spending by Millennials and Gen Z, who prioritize experiences over possessions. Click here to read why AXP is a Buy.

Under a nonprosecution agreement the company is to pay a $77.6 million fine and forfeit $60.7 million for the revenue that could have been owed from its Payroll Rewards and Premium Wire programs.

The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $324.82, a high estimate of $350.00, and a low estimate of $301.00. This current average has increased by 9.11% from the previous average price target of $297.70.

The Justice Department said the company misrepresented its credit card rewards and fees and made false claims about the tax benefits of its wire transfer products.

American Express turned in solid quarterly results Friday, increased its dividend, and highlighted record levels of card member spending. However, investors seemed to be shrug off the positives, sending shares 2.

American Express has agreed to pay nearly $109 million in fines related to deceptive marketing and false account allegations, the Justice Department announced Thursday.

Argus raised the firm’s price target on American Express (AXP) to $350 from $305 and keeps a Buy rating on the shares. American Express’ Q4

American Express Co. profits increased 12% as well-heeled consumers spent more than analysts expected on their credit cards over the holidays, a tailwind the firm said it expects will continue.

Copyright 2025 The Associated Press. All Rights Reserved. An American Express card is shown on Jan. 18, 2024, in Atlanta. (AP Photo/Mike Stewart, File) Updated [hour ...

American Express said it will pay $230 million to resolve federal investigations into deceptive sales tactics and recordkeeping violations involving small business credit card and wire transfer products.

American Express shares fell 1.4% Friday after the company reported earnings and gave an outlook that disappointed some investors. The credit card company logged net income of $2.17 billion, or $3.04 a share,