JPM - American Express launches new U.S. business platinum card

American Express (AXP +1.8%) launches a new Business Platinum Card that delivers new benefits in top business spending categories, B2B rewards, and enhanced premium travel and dining benefits. The new AmEx card highlights the competition among credit card issuers to bring in new customers through rich rewards. The new card gives members access to more than $1.4K in value per year to help their business grow, the company said. Earlier this month, Chase Card Services (NYSE:JPM) and Hyatt Hotels (NYSE:H) launched a credit card with an 'accelerator' feature for small business. "We are continuing to see strong demand and spending on our Business Card products as our Card Members invest in areas like technology, recruitment, and software to adapt and grow their businesses," said American Express (NYSE:AXP) Group President Anna Marrs. The launch comes about a month after the company formed a partnership with Extend to expand virtual cards for U.S. small-

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American Express launches new U.S. business platinum card