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Stockreport

Leading Digital Bank Chime Rolls Out Cash-Back Secured Credit Card [Forbes]

American Express Company (AXP)  More Company Research Source: Forbes
Last american express company earnings: 4/24 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.americanexpress.com
hime has grown into the largest U.S. digital bank without offering a financial product beloved by Americans: a credit card with rewards. Today it announced one that provides 1.5% cash-back rewards on several categories of spending including groceries, restaurants and gas. The company says it can change those categories every few months. It's a secured card, meaning customers must keep money in their Chime checking account, and the amount they maintain becomes their spending limit. Secured cards are considered a way for those with thin or weak credit histories who wouldn't qualify for typical credit cards to improve their credit scores. Banks like Capital One and Discover (which was acquired by Capital One in May but still operates under the Discover name) have been offering secured cards with rewards for years, though their cards let consumers carry a balance into the next month and charge interest. Chime's secured cards require you to pay your bill in full each month. The San Fr [Read more]
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Stockreport

Leading Digital Bank Chime Rolls Out Cash-Back Secured Credit Card [Forbes]

American Express Company  (AXP) 
More Company Research Source: Forbes
Last american express company earnings: 4/24 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.americanexpress.com
hime has grown into the largest U.S. digital bank without offering a financial product beloved by Americans: a credit card with rewards. Today it announced one that provides 1.5% cash-back rewards on several categories of spending including groceries, restaurants and gas. The company says it can change those categories every few months. It's a secured card, meaning customers must keep money in their Chime checking account, and the amount they maintain becomes their spending limit. Secured cards are considered a way for those with thin or weak credit histories who wouldn't qualify for typical credit cards to improve their credit scores. Banks like Capital One and Discover (which was acquired by Capital One in May but still operates under the Discover name) have been offering secured cards with rewards for years, though their cards let consumers carry a balance into the next month and charge interest. Chime's secured cards require you to pay your bill in full each month. The San Fr [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AXP
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS