American Express Statistics 2024: Key Insights on Market Share, Growth & Innovations

<h2>Editorâs Choice: Key Milestones of American Express</h2>
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<li><strong>$215 billion</strong> â American Expressâs <strong>total purchase volume</strong> in the U.S. alone during <strong>2023</strong>, reflecting a steady 8% year-over-year growth.</li>
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<li>Amex currently ranks <strong>#1</strong> in <strong>customer satisfaction</strong> among major card issuers, according to the <strong>2024 J.D. Power Credit Card Satisfaction Survey</strong>.</li>
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<li>In <strong>2024</strong>, <strong>over 114 million</strong> American Express cards are in circulation worldwide, with 55% of them being active in the U.S.</li>
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<li>Amex continues to dominate the premium credit card market, holding <strong>more than 24% of the total market share</strong> for premium cards globally.</li>
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<li><strong>$48.65 billion</strong> was recorded in <strong>revenue</strong> for the fiscal year <strong>2023</strong>, marking a <strong>12% increase</strong> from 2022.</li>
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<li>American Express is one of the few card issuers directly operating its network, processing <strong>$1.6 trillion</strong> in transactions globally.</li>
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<li>The brandâs <strong>Platinum Card®</strong> continues to lead with high net-worth individuals, accounting for a <strong>30% increase</strong> in new cardholders since <strong>2022</strong>.</li>
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