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Continued: U.S. Bank to offer American Express card

  • Article by: JENNIFER BJORHUS , Star Tribune
  • Last update: November 20, 2013 - 8:59 PM

Banks also like the bigger interchange fees they get to collect from merchants with American Express card purchases, Robertson noted. Merchants pay higher interchange fees when customers swipe an Amex card as opposed to Visa or MasterCard plastic. That means more ka-ching for the company that issued the card.

 

Jennifer Bjorhus • 612-673-4683

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