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NEW YORK (AP) — American Express is increasing the interest rate on some of its credit card accounts by an average of 2.5 percentage points. A spokeswoman for the company declined to say how many of its roughly 42 million cards would be affected. The planned increases will affect a variety of variable-rate products, including some of its proprietary and co-brand credit cards, Bloomberg quoted an American Express spokeswoman as saying. American Express could not be reached for a comment outside NEW YORK — Interest rates on some American Express credit cards will be increasing, according to letters sent out to customers this month. The rate hikes will affect “a small percentage” of the company’s 55 million U.S. cardholders, who will see an NEW YORK (AP) — American Express increased interest rates on some of its credit card accounts by an average of 2.5 percentage points in recent weeks, a spokeswoman for the company said Wednesday. Spokeswoman Elizabeth Crosta declined to say how many of .
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