From other news sites (1)

• American Express Is Moving Deeper Into The Market with bad credit

  thewall.com | 1:54 am Feb 10, 2012

  • Cards with annual fees may sound like they're for wealthy people and they may be the only option for people with bad credit
  • Last year, the company rolled out the Blue Cash Preferred card to 3 percent cash back at gas stations and department stores
  • AmEx will not disclose whether it plans to roll out more cards with annual fees to focus less on our absolute number of cards and more on the quality of the spend capacity of our new card members

• American Express Is Moving Deeper Into The Market For People With Bad Credit

  businessinsider.com | 1:44 am Feb 10, 2012

  Cards with annual fees may sound like they're for wealthy people, but they often come with lower credit lines and worse benefits, and they may be the only option for people with bad credit. CEO Ken Chenault gave some details yesterday in a investor…

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