American Express vs Chase

8-K Financial Filing Analysis for American Express (2026-08-17)

American Express Company furnished its monthly delinquency and net write-off statistics for U.S. Consumer and U.S. Small Business card portfolios for the periods ended July 31, June 30, and May 31, 2026. As of July 31, 2026, total U.S. Consumer card balances stood at $113.1 billion with a 30-day delinquency rate stable at 1.1% and a principal net write-off rate of 1.7%. Total U.S. Small Business card balances were $46.1 billion, showing a 30-day delinquency rate of 1.3% and a net write-off rate of 2.6%. Overall, total card balances held for investment across both segments reached $159.2 billion. The company also presented performance figures for the American Express Credit Account Master Trust, reporting an ending total principal balance of $24.9 billion and an annualized net default rate of 1.1% in July 2026. Credit metrics continue to indicate resilient asset quality across consumer and commercial lending segments.

• Total U.S. Consumer card balances held for investment were $113.1 billion as of July 31, 2026, with a 30+ days delinquency rate of 1.1% and a net write-off rate of 1.7%.
• U.S. Small Business card balances totaled $46.1 billion as of July 31, 2026, with a 30+ days delinquency rate of 1.3% and a net write-off rate of 2.6%.
• Combined U.S. Consumer and Small Business card balances held for investment reached $159.2 billion at the end of July 2026 compared to $159.7 billion in June 2026.

Amex Partners with Harry Styles for Fan Experiences

American Express is expanding its music fandom strategy by partnering with Harry Styles on his 'Together, Together' tour and album, offering card members exclusive presale tickets, merchandise, album release events, and a global sweepstakes. The partnership includes album pop-ups across 16 cities and aligns with Styles' 30-show residency at Madison Square Garden. Amex has previously worked with artists like Olivia Rodrigo and Billie Eilish, aiming to deepen emotional connections with card members by leveraging fandom. Research cited shows 92% of music fans want deeper artist connections, and over 70% of engagement comes from Gen Z and millennials. The strategy focuses on authentic collaborations with artists' teams rather than simple logo placements.

• American Express partners with Harry Styles for his 'Together, Together' tour and album, offering card members exclusive presale tickets, merchandise, and pop-up events across 16 cities.
• The partnership includes a global sweepstakes across 26 countries to win tickets and a trip to see Harry Styles on tour.
• Amex's music fandom strategy previously included artists like Olivia Rodrigo, Gracie Abrams, Billie Eilish, Kacey Musgraves, and Tate McRae.

American Express Unveils Its Next Generation of Aeroplan Cards

American Express Canada has unveiled its next generation of Aeroplan cards, as announced in a press release dated September 29, 2026.

Chase Launches Data Security Center to Help Customers Manage Connected Apps and Third-Party Data Sharing

A new experience designed to give customers clearer information and simpler controls for understanding and managing connected-app access.

10-Q Financial Filing Analysis for Chase (2026-08-06)

For the second quarter ended June 30, 2026, JPMorgan Chase & Co. reported record financial results, with total net revenue increasing 28% year-over-year to $57.35 billion and net income surging 41% to $21.16 billion ($7.70 diluted EPS). The performance was boosted by a $4.6 billion net gain from the exchange of Visa Class B-2 shares into Visa Class B-3 and C shares, alongside $1.0 billion in equity investment gains. Net interest income expanded 10% to $25.51 billion on higher Markets NII, deposit volume growth, and credit card revolving balances. Noninterest expenses increased 15% to $27.32 billion, driven by revenue-linked compensation, headcount expansion, and marketing and technology investments. Total assets reached $5.02 trillion, while return on tangible common equity (ROTCE) strengthened to 29%.

• Total net revenue rose 28% YoY to $57.35 billion in Q2 2026, delivering net income of $21.16 billion and diluted EPS of $7.70.
• Results included a $4.6 billion net gain on Visa Class B-2 share exchange and $1.0 billion in equity investment markups.
• Credit card and wholesale growth supported total period-end loans of $1.54 trillion and deposits of $2.71 trillion, with provision for credit losses down 12% YoY to $2.52 billion.

Chase Expands Ultimate Rewards® with New “Invest Your Points” Feature

New redemption option connects Ultimate Rewards with accessible investing, expanding the program’s flexibility and highlighting J.P. Morgan Self-Directed Investing’s client-first features.