American Express to raise credit card interest rates by more than 2%

Experts say move by Amex from February could encourage other providers to follow suit

American Express said the rise was because of the rising costs of providing loyalty programmes, rewards and benefits to its customers.American Express said the rise was because of the rising costs of providing loyalty programmes, rewards and benefits to its customers.Last modified on Sat 23 Oct 2021 07.02 BST

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