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.

Leave a Reply

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

A Guide to Building Credit and Increasing Your Credit Scores

When it comes to credit, there’s some good news. The average credit score in the United States has been steadily rising in recent years, coming in at 715 in 2023. That may be because, today, consumers not only have more ways to access their credit reports and scores than ever before but also because there are an increasing number of options that Americans have for building credit in the first...

2024 SoFi Checking and Savings Review

Ever since I started taking an interest in the FinTech sector, one company whose name I’ve seen pop up over and over again is SoFi. Lately it seems as though that theme has been sent into overdrive as the company has not only become a household name thanks to its stadium naming rights deal but also because of the company’s continued product expansions. The most interesting development in my mind...
Brim logo

Brim Financial Raises $85 Million as It Eyes Global Expansion

Toronto-based FinTech infrastructure startup Brim Financial has announced a new funding round. About the round: Brim has revealed an $85 million round. The Series C was led by EDC Investments while new investor Vistara Growth and returning investors White Owl Group, Epic Ventures, and Zions Bank also participated. To date, the company has now raised $110 million including a Series B in 2021. According to Brim, the latest funding will...
Chase Freedom Flex card

Chase Reveals Q2 2024 Freedom 5%(+) Bonus Categories

Chase has announced its bonus category picks for the second quarter of 2024 — including some interesting twists. About the categories: As April approaches, Chase has revealed what categories Freedom and Freedom Flex cardholders can earn bonuses on. From April 1st through June 30th, customers can earn 5% (or more) in three categories:, Hotels, and Restaurants. Similar to how Chase embraced a "New Year, New Me" theme last quarter,...
Rent Day

Bilt Announces Home Collection Deal for May 2024 Rent Day

For May's Rent Day, Bilt is offering a deal that will allow members to decrease their rent bill while also adding to their home decor. About the Home Collection offer: Bilt has crafted a unique Rent Day offer for May 2024. Through the 1st, when Bilt members redeem their points toward rent payments, they'll receive the same number of points to be used toward Bilt Home Collection items. To take...