American Express reported record quarterly revenue of $17.9 billion, up 9% year-over-year, as well as total Card Member spending that surged 7% over the same period in 2024 to a new high of $416.3 billion.
Cardholders will get 8x points on Chase Travel for purchases like flights, hotels, and rental cars, and 4x points on bookings made directly with an airline or hotel.
American Express was quick to assuage business and consumer travelers, noting that the full closure is temporary and that a version of the Centurion Lounge is relocating to another wing at SFO in the interim.