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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 (Reuters) - American Express Co (AXP.N) is raising interest rates for a large number of its credit cards following a review that began a year ago, a company spokeswoman said. The company's U.S. consumer credit cards, which have annual rates well below 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 The major credit card companies—Mastercard, Visa, Discover and American Express—along with the major banks that issue their cards, have set a deadline of October 2015 for widespread adoption of new, more financially secure credit cards in the U.S. The .
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