American Express Members Spend More on Dining and Travel -- Market Talk
Dow Jones2026/07/24 13:320932 ET - American Express's wealthy card members are spending more, executives tell analysts. The card company has invested in adding more premium perks to its credit cards, especially its Platinum card, which is now its fastest-growing product in the U.S. Spending on restaurants, Amex's biggest category, rose 10% in the second quarter, while travel bookings jumped 22%. U.S. consumer spending overall increased at the highest rate since the start of 2018, excluding periods impacted by Covid-19, executives say. (katherine.hamilton@wsj.com)
(END) Dow Jones Newswires
July 24, 2026 09:32 ET (13:32 GMT)
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