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Is Amex completely closed loop? When I worked at Bank of America circa 2010 we issued an Amex card. No idea if that is still a thing or not.
by jrockway 3y ago
Is Amex completely closed loop? When I worked at Bank of America circa 2010 we issued an Amex card. No idea if that is still a thing or not.
- kyawzazaw 3y agoThe article addresses this. US Bank issues an Amex card right now. https://www.americanexpress.com/en-us/network/us-bank/flexperks/credit-cards/select-plus.html https://www.americanexpress.com/en-us/network/us-bank/flexpe...
- bena 3y agoIt could still be closed loop. JPMorgan has ChaseNet, a closed loop system and it issues Visa and Mastercard cards. It was mostly rules from Visa and Mastercard that prevented American Express from being offered by more banks.