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 Interest rates are about to enter a steady rise back to normal historical Capital One at 111.07%, Discover at 82.76%, American Express at 74.66%, MasterCard at 1.49%, and Visa at 0%. Though MasterCard and Visa will not be so adversely affected by NEW YORK, N.Y. – 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. Feb 25 (Reuters) - American Express Co is raising interest rates for over 1 million cardholders for the first time in more than five years, Bloomberg reported. American Express told customers this month that their annual rates will rise an average of 2.5 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. But she said Wednesday (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 cardholders, who will see an average increase of 2.5 percentage points. That number could be well .
NEW YORK — 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. But she said American Express has a pay-over-time feature that makes it act like a credit card, but it’s only for larger purchases. The APR varies but expect it to be on par with other cards with similar features. Your minimum payment will always be considerably .
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