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Amex had a 4.61% worldwide market share by payment volume in 2022, compared to 38.73% for Visa and 24% for Mastercard. While American Express credit cards are accepted at 99% of US merchants that accept credit cards (Costco being the notable exception), they are much less accepted in Europe and Asia.
The American Express Centurion Card, colloquially known as the Black Card, is a charge card issued by American Express.
On November 15, 2004, Mastercard Inc. paid damages to American Express, due to anticompetitive practices that prevented American Express from issuing cards through U.S. banks, and paid $1.8 billion for settlement.
Known largely for the Amex credit card, American Express Bank is an FDIC-insured online bank that offers a savings account and a high-yield certificate of deposit.
American Express, one of the world's top credit card companies, has also long been a favorite of Berkshire Hathaway CEO Warren Buffett.
Priceless is an advertising campaign by Mastercard that started in 1997 and makes use of the slogan "There are some things money can't buy; for everything else, there's Mastercard". It has provided Mastercard with a constant and recognizable message.
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