Cardholders between their 20s and 40s make up 75% of Amex's new accounts acquired on its two premium cards, Platinum and Gold ...

Is American Express about to overhaul the Platinum Card? In their latest earnings call, Amex revealed plans to refresh 35-50 products in 2025, fueling speculation of a major Platinum Card revamp with ...

American Express Co.’s bet on Gen Z customers is paying off, with the segment accounting for around 5% of all US spending on ...

American Express Company ... and robust earnings growth. The company is benefiting from increased spending by Millennials and Gen Z, who prioritize experiences over possessions, driving demand ...

American Express is in great shape even ... on Amex cards jumped 7.5% year over year and new-card growth was fueled by Gen Z and millennials, who made up the bulk of new customers.

Younger customers are driving growth here too, with millennial and Gen Z members accounting for half of the high-yield savings accounts and a third of total balances. One way American Express ...

Spending growth remains robust, particularly among millennial and Gen Z cardholders. The company's valuation still commands a premium despite the recent pullback. American Express wrapped up 2024 ...

But younger American Express cardholders seem to be telling a different story. Amex CEO Stephen Squeri said Gen Z and millennial customers have better-than-average FICO scores and spend less.

April 30, 2025 00:00 AM UTC - Updated May 13, 2025 15:41 PM UTC American Express is winning over Gen-Z by offering curated experiences and personalized rewards that resonate with younger audiences.