American Express: Compound Grower Facing Expense Headwinds
Eoneren American Express's Business Model The business model at American Express (NYSE:AXP) is quite simple. Suppose I have a credit card account with American Express. If I go shopping and buy 2.20 of that is charged at the checkout line is "discount revenue" that goes to American Express, which is the same thing as a "swipe fee", while the other 2.20 goes back to me in the form of credit card rewards, if applicable. American E ...