When accepting American Express Cards, expect your sales to increase. American Express Cardmembers have an average household income 40 percent higher than non-cardmembers.1
In addition:
- 33 percent of American Express card members are more likely to try a merchant when the American Express logo is displayed1
- 14 percent of American Express Cardmembers do not carry any other major credit or charge cards2
- 48 percent of U.S. Fortune 500 companies are American Express commercial card clients and companies often mandate use of the card for all business expenses2
- The network processes transactions for more than 52 million American Express cards3
- 40 percent of card members use their card for both business and personal purchases1
1Brookfield Research, July 2007.
2American Express Internal Data, May 2007.
3American Express 2007 Annual Report, U.S. Cards in force.