American Express Boosts Full-Year Outlook as Consumers Opt for Premium Cards

American Express has raised its full-year guidance thanks to a robust demand for its higher-end credit card offerings. This development comes as more customers are increasingly embracing pricier credit options that often come with enhanced perks and benefits. The financial giant's latest update reflects a positive shift in consumer behavior, showcasing a willingness among consumers to invest in cards that promise a richer overall experience.

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