Amex v. Chase: Who Will Win the Battle for America’s Top Shoppers?

For years, American Express and Chase have been vying to be the preferred premium credit card of America's richest consumers. In general, these banks are fighting for the loyalty of America's affluent shoppers. Um, we have a situation in the US where um there's a really big disparity in who does consumer spending.Um so if you look at the um highest earning 10% of households, which is um roughly households above $250,000 a year, um they do fully half of all of the consumer spending in the United States. It's ...