Cardless Partnering with American Express for Future Cards Cardless Partnering with American Express for Future Cards
Cardless and American Express logos

Cardless Partnering with American Express for Future Cards

A growing digital credit card disruptor and one of the top card issuers in the United States have announced a team up. This week, the FinTech startup Cardless revealed that it had reached a new agreement with American Express. Under this partnership, brands will be able to launch digital-first credit card offerings that utilize the “benefits, offers, and security” of the Amex network. Additionally, while financial figures were not disclosed, Amex Ventures announced that it has made an investment in Cardless, which follows the startup’s $50 million Series B last summer.

In regards to those “benefits and offers,” Cardless notes that cardholders with American Express-network cards will have access to Amex Offers. These typically brand-specific offers allow card members to earn additional points or statement credits on their purchases. Additionally, Cardless customers will be able to utilize the Global Dining Access by Resy platform among other perks.

Previously, Cardless has partnered with several professional sports teams including the Boston Celtics, Miami Marlins, Machester United, and others to release fan-centric co-branded options. More recently, the company unveiled its first travel cards in partnership with LATAM Airlines. It’s currently unclear whether these previously-issued cards — which operate on the Mastercard network — will eventually migrate to Amex.

In a press release announcing the partnership with Amex, Cardless’s president and co-founder Michael Spelfogel said, “American Express is recognized for having one of the largest and most active credit card networks in the world, with the most loyal cardholders. We couldn’t be more excited to combine Cardless’ ability to launch cards seamlessly with the valuable benefits that consumers expect from the American Express network.”

Amex’s SVP and GM of Global Network Services North America William Stredwick added, “Cardless’ digital-first mission and customer-first mindset make our brands a strong match. Leading brands want to give their customers a more personalized experience and engage with them more deeply, and our relationship with Cardless makes that possible by offering their customers access to benefits and protections from American Express.”

Over the past few years, Cardless has proven to be one of the most interesting FinTechs as its regularly added new options to its roster. Now, with this Amex partnership and investment, it could further expand its offerings in a number of ways. At this time, there isn’t much evidence of Amex’s impact on Cardless’s site, leading to questions about how the deal will play out in the short term. However, as the partnership begins to bear fruit, it will be fascinating to see how Cardless continues to grow.

The "Email" field is empty, you must enter some text to proceed.The text you entered in the "Email" field appears to be invalid, please edit it and try again
Get the Latest News Delivered to Your Inbox

FedEx Announces Winners of 11th Annual 2023 Small Business Grant Contest

Nearly three months after the entry period ended, FedEx has announced the winners of its 11th annual Small Business Grant Content. This year's event saw more than $300,000 in funds going to a variety of small businesses across the nation. Last month, the company revealed 100 finalists, with that list now being narrowed down to just 10 winners. This year's grand prize winners included KindVR, The Cupcake Collection, Up In...
Summer app

Student Loan Benefit FinTech Summer Raises $6 Million

For years, student debt has been one of the most talked about financial topics. What's more, while the debt itself has become a major part of many Americans' lives, discussion of student loans has become political due to efforts to forgive certain loan repayments. However, while we wait for resolution on that front, a FinTech that brings student debt benefit solutions to employers and consumers has raised a new round...
H-E-B and Central Market  credit cards

Imprint Launches Credit Cards from H-E-B and Central Market 

The FinTech Imprint is partnering with the popular Texas-based grocery chain H-E-B for a pair of new rewards credit cards. This week saw the launch of the H-E-B Visa Signature Credit Card as well as the Central Market Visa Signature Credit Card. With these two (nearly identical) options, customers will be able to earn rewards on groceries and beyond. First, both versions of the card earn up to 5% back on select...
Melissa Urban holding a Ness card

Health and Wellness Rewards Card Ness Partners with Whole30

In recent years, several unique rewards cards have come to market. These include offerings from FinTech startups as well as brands looking to do something special for their loyal fans. On that note, a recently-announced rewards credit card offering is now working with a popular brand to introduce new benefits for customers. This week, the Ness Card (which is issued by The Bank of Missouri) unveiled a new partnership with...
Choice Privileges Select Card

Choice Hotels, Wells Fargo Debut Choice Privileges Select Card

With spring well underway and the summer travel season now just around the corner, Choice Hotels and Wells Fargo have unveiled their latest co-branded credit card offering. Today, the two companies announced the Choice Privileges Select Mastercard. Carrying an annual fee of $95, this card will serve as the premium option in the hotel brand's new lineup. Looking at the Choice Privileges Select, it offers a mix of rewards categories....