Tuesday, February 10, 2004

Amex signs MBNA as its first U.S. issuer ; ABN AMRO prefers Mastercard

BTNonline.com reports that:

Amex and MBNA this year will roll out co-branded cards, "at which time product details will be available," a statement said. The companies will begin issuing cards in the United States, followed by Canada, Spain and the United Kingdom. Amex and MBNA first must await a final appeals ruling from the U.S. Supreme Court

At the same time, ABN AMRO announced that it has signed a worldwide deal with Mastercard as the preferred card. See this article in Newswire.