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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 (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 its CNN -- 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 average NEW YORK (CNNMoney) — 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 The longtime chief executive of American Express Co. refused for who joined AmEx in 1981, led the card company through the financial crisis, when it ran into trouble after an ill-timed expansion into credit-card lending, and has long been one of American Express is increasing annual rates on more than one million credit cards, according to a report form Bloomberg's Elizabeth Dexheimer. The company has sent letters to affected clients, saying they pay less than cardholders with similar credit .
(CNN) Interest rates on some American Express credit cards will be increasing. The rate hikes will affect a small percentage of the company's 55 million U.S. cardholders, who will see an average increase of 2.5 percentage points. That number could be well .
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