MINNEAPOLIS--(BUSINESS WIRE)--Nov. 20, 2013--
U.S. Bank and American Express today announced that U.S. Bank will offer
credit cards accepted on the American Express network in 2014.
“We actively listen to our customers and are focused on delivering the
right financial solutions that best meet their needs,” said Pam Joseph,
Vice Chairman of U.S. Bank. “We believe that the American Express
network provides a combination of benefits and services that many of our
customers want. We’re proud to partner with American Express, a company
with a rich history of service that’s dedicated to providing outstanding
customer value.”
U.S. Bank is now working with American Express to design programs for
U.S. Bank’s customers and expects to begin offering cards on the
American Express network by fall 2014. The new American Express-branded
cards will be available online, at U.S. Bank’s 3,088 branches and by
phone.
“U.S. Bank and American Express share a strong commitment to delivering
exceptional customer value,” said Ed Gilligan, President, American
Express. “With this new partnership, we have a terrific opportunity to
bring American Express’ unique benefits and services to U.S. Bank and
create a compelling new range of products for their customers.”
U.S. Bank is a top issuer of credit and debit cards in the United
States. U.S. Bank’s rewards card programs have been recognized
nationally as among the best in the industry. Its customers have access
to leading mobile payments innovation for which the company is also
highly regarded. In addition to its bank-branded card portfolio, U.S.
Bank has relationships with many high-profile brands for which it issues
cobranded cards. U.S. Bank also provides white label card issuing
services to thousands of banks and credit unions across the country
through its Elan subsidiary.
About American Express
American Express (NYSE: AXP) is a global services company, providing
customers with access to products, insights and experiences that enrich
lives and build business success. Since 1997, American Express has
partnered with a select group of leading banks and financial
institutions around the world to issue American Express-branded products
and acquire merchants on to the American Express merchant network. By
leveraging its partnerships, global infrastructure and the powerful
appeal of its brand, American Express has gained even broader reach for
its network worldwide.
About U.S. Bank
Minneapolis-based U.S. Bancorp (NYSE: USB), with $361 billion in assets
as of Sept. 30, 2013, is the parent company of U.S. Bank, the 5th
largest commercial bank in the United States. The company operates 3,088
banking offices in 25 states and 4,937 ATMs and provides a comprehensive
line of banking, brokerage, insurance, investment, mortgage, trust and
payment services products to consumers, businesses and institutions.
Visit U.S. Bancorp on the web at usbank.com.
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Source: U.S. Bank
U.S. Bank Public Relations
Teri Charest, 612-303-0732
teri.charest@usbank.com
or
American
Express
Nina Chang, 212-640-2851
nina.y.chang@aexp.com