American Express has launched its first all-digital consumer checking account
In February 2022, American Express launched American Express Rewards Checking (Amex Rewards Checking), its first all-digital consumer checking account. The move to an all-digital account is to appeal to Gen Z and Millennial consumers, who mainly bank via digital platforms. This account also offers a wide rage of benefits such as reward points for eligible debit card purchases, an annual percentage yield (APY) rate 10 times higher than the national average and world-class customer service.
Balance SheetIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
Lorem Ipsum text header Report Title
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Maecenas non leo lacinia, consectetur ipsum non, pretium augue. Vestibulum accumsan dignissim massa, eu scelerisque mi malesuada ut. Aliquam scelerisque facilisis nisl ac varius. Nunc luctus nunc vel eros iaculis, vitae tristique ante fringilla. Ut vitae vulputate est, vel lacinia nisi. Curabitur eget nulla vitae mi faucibus imperdiet. Cras sagittis arcu eu diam pharetra iaculis eget sit amet risus. Morbi eget turpis ut diam commodo congue id eu lacus.
Cras sagittis arcu eu diam pharetra iaculis eget sit amet risus. Morbi eget turpis ut diam commodo congue id eu lacus.