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Are you truly happy with your credit card company? If you’re a customer of one issuer in particular, survey says you probably are!
Read more: New security warning about chip credit cards
American Express looks like it’s finally coming out of the funk that enveloped it for much of last year.
You may remember that AmEx took a hit when it lost a major account with Fidelity Investments back in February 2016.
But that was just the beginning of the pain. By June 2016, Costco made it official in severing ties with the company for its credit card business and moved its portfolio to Citi.
So 2016 wasn’t pretty, but American Express kept soldiering on. Efforts to sweeten the rewards for Platinum cardholders helped turn the tide.
Now in 2017, the company is back atop J.D. Power’s 2017 Credit Card Satisfaction Study.
American Express reclaims the top spot from Discover, which held pole position for the last two years.
The key to making credit cards work in your life is to understand how to use them responsibly. Here are a few pointers:
Read more: Free Credit Score Guide: Understanding your score and what you can do to improve it
This post was last modified on August 20, 2017 8:25 am
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