According to CNN Amex is paying customers $300 to cancel their credit cards.

American Express didn’t see any of the $700 billion financial bailout package to help reverse their deteriorating consumer credit quality. But, on November 10th, the Federal Reserve approved their application to become a bank holding company in an effort to put American Express on the same financial playing field as their rivals.

American Express Co. agreed to buy General Electric Co.'s corporate charge-card unit for $1.1 billion in cash to expand lending for business customers.

American express has a cool new feature called American Express My Wishlist. The program offers special holiday deals to American Express Card Holders. Here is how American Express My Wishlist works.

Companion Consumer Survey Finds Women Taking Vacations Together Beyond the Typical Weekend Retreat, Guilt- and Worry-Free Vacations.