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American Express operates in over 130 countries around the globe.
Established in 1850 in New York, American Express Company was among the first and most successful express delivery businesses to arise during the rapid westward expansion of the United States.
The company introduced the world’s first travelers cheque in 1891 and within ten years was selling more than $6 million in cheques annually.
American Express issued its first charge card in 1958. Within five years, more than 1 million cards were in use at approximately 85,000 establishments within and outside the United States.
Soon, the company began introducing local currency cards in markets outside the United States, adding programs that made it possible for cardmembers to extend payment on large travel expenditures,
and launching additional products, such as the American Express Gold Card in 1966.
In 1987, American Express introduced a new revolving credit product in the United States.
Today, American Express has never been more competitive. It is a world leader in providing charge and credit cards to consumers, small businesses and corporations.
In the J.D. Power and Associates Credit Card Satisfaction Study, American Express ranks highest in Credit Card Customer Satisfaction for 3 years in a row since the study's inception in 2007.
American Express ranks highest in 2009 with an index score of 762; performing particularly well in the rewards, benefits and services, and billing and payment process factors.
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