Save

Cardholders Continue To Spend, Says Amex

American Express Global Commercial Services reported cardmember spending of $39.6 billion, 10 percent more than a year ago, with average per-card spending of $5,661, about 11 percent higher than a year ago. Both figures are based on a total of 7 million cards in use, 100,000 fewer than in December 2010. The business unit includes corporate cards and travel; travel sales grew 2 percent to $4.7 billion.

The article you have accessed is premium content and available only to our paid subscribers.